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Company: Amazon.com, Inc.
Current Parent Company:
Amazon.com
Parent at the Time of the Penalty Announcement:
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Penalty: $134,523
Year: 2020
Date: July 8, 2020
Offense Group: financial offenses
Primary Offense: economic sanction violation
Violation Description: Amazon.com agreed to pay $134,523 to settle its potential civil liability for apparent violations of multiple OFAC sanctions programs. As a result of deficiencies related to Amazon's sanctions screening processes, it provided goods and services to persons sanctioned by OFAC; to persons located in the sanctioned region or countries of Crimea, Iran, and Syria; and to individuals located in or employed by the foreign missions of countries sanctioned by OFAC. Amazon also failed to timely report several hundred transactions conducted pursuant to a general license issued by OFAC that included a mandatory reporting requirement, thereby nullifying that authorization with respect to those transactions.
Level of Government: federal
Action Type: agency action
Agency: Office of Foreign Assets Control
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Washington
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: retailing
Specific Industry of Current Parent: retail-internet
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
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