Violation Tracker Individual Record

Company: 
Rabobank National Association
Current Parent Company: 
Rabobank
Penalty: 
$368,701,259
Year: 
2018
Date: 
February 7, 2018
Primary Offense: 
anti-money-laundering deficiencies
Violation Description: 

Rabobank National Association, a subsidiary of the Netherlands-based Cooperatieve Rabobank U.A., pleaded guilty to a felony conspiracy charge for impairing, impeding and obstructing its primary regulator, the Office of the Comptroller of the Currency, by concealing deficiencies in its anti-money laundering program.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Criminal Division
Civil or Criminal Case: 
criminal
HQ Country of Parent: 
Netherlands
Ownership Structure of Parent: 
cooperative
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
financial services
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.