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Violation Tracker Individual Record

Company: Societe Generale
Current Parent Company: Societe Generale
Penalty: $162,800,000
Year: 2018
Date: November 19, 2018
Offense Group: financial offenses
Primary Offense: economic sanction violation
Mega-Scandal: Sanctions Violations
Violation Description: Societe Generale agreed to pay $162.8 million to the Manhattan District Attorney as part of a deferred prosecution agreement resolving allegations it helped foreign clients evade U.S. economic sanctions. This was part of a larger $1.3 billion global settlement involving the federal government and New York State.
Level of Government: local
Action Type: agency action
Agency: Manhattan (NY) District Attorney
Civil or Criminal Case: criminal
Prosecution Agreement: deferred prosecution agreement
Private Lawsuit Resolution Type: settlement
Facility State: New York
Facility County: New York
Facility City: New York
HQ Country of Current Parent: France
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.