Violation Tracker Individual Record

Company: 
Societe Generale S.A.
Current Parent Company: 
Societe Generale
Penalty: 
$53,966,916
Year: 
2018
Date: 
November 19, 2018
Offense Group: 
financial offenses
Primary Offense: 
economic sanction violation
Violation Description: 

Societe Generale S.A., a French financial institution, agreed to remit $53,966,916 to settle its potential civil liability for the 1,077 apparent violations of the Cuban Assets Control Regulations, the Iranian Transactions and Sanctions Regulations and the Sudanese Sanctions Regulations

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Office of Foreign Assets Control
Civil or Criminal Case: 
civil
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.