Violation Tracker Individual Record
Company:
Barclays plc
Current Parent Company:
Barclays
Penalty:
$149,000,000
Year:
2010
Date:
August 10, 2010
Offense Group:
financial offenses
Primary Offense:
economic sanction violation
Violation Description:
Barclays PLC agreed to pay $149 million to the Manhattan District Attorney's Office to settle allegations that it transferred approximately $500 million from sanctioned clients into the U.S. The investigation was jointly conducted by the District Attorney's Office and the U.S. Department of Justice, which received a payment of the same amount; see the Violation Tracker entry at https://violationtracker.goodjobsfirst.org/violation-tracker/-barclays-b...
Level of Government:
local
Action Type:
agency action
Agency:
Manhattan (NY) District Attorney
Civil or Criminal Case:
criminal
Prosecution Agreement:
deferred prosecution agreement
Private Lawsuit Resolution Type:
settlement
Facility State:
New York
Facility County:
New York
Facility City:
New York
HQ Country of Parent:
Britain
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.
