Violation Tracker Individual Record

Company: 
Societe Generale S.A.
Current Parent Company: 
Societe Generale
Penalty: 
$717,200,000
Year: 
2018
Date: 
November 19, 2018
Primary Offense: 
economic sanction violation
Violation Description: 

Societe Generale agreed to pay $717.2 million and enter into a deferred prosecution agreement to settle one felony count of conspiracy to violate the Trading with the Enemy Act and the Cuban Asset Control Regulations. The bank reached separate settlements with the Federal Reserve, the Office of Foreign Assets Control, the New York County District Attorney's Office and the New York State Department of Financial Services.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
U.S. Attorney-Southern District of New York
Civil or Criminal Case: 
criminal
Prosecution Agreement: 
deferred prosecution agreement
HQ Country of Parent: 
France
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking
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.