Violation Tracker Individual Record

Company: 
Doha Bank
Penalty: 
$5,000,000
Year: 
2009
Date: 
April 21, 2009
Offense Group: 
financial offenses
Primary Offense: 
anti-money-laundering deficiencies
Secondary Offense: 
banking violation
Violation Description: 

The Financial Crimes Enforcement Network and the Office of the Comptroller of the Currency announced the assessment of concurrent civil money penalties, each $5 million, against the New York Branch of Doha Bank of Doha, Qatar for past violations of the Bank Secrecy Act. The Branch, without admitting or denying the allegations, consented to payment of the civil money penalties, which were to be satisfied by a single payment of $5 million to the U.S. Department of the Treasury.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Treasury Department Financial Crimes Enforcement Network
Civil or Criminal Case: 
civil
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.