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Violation Tracker Individual Record

Company: BNP Paribas S.A.
Current Parent CompanyBNP Paribas
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $2,243,400,000
Year: 2014
Date: June 30, 2014
Offense Group: financial offenses
Primary Offense: economic sanction violation
Violation Description: BNP Paribas pleaded guilty and was ordered to pay $2.2 billion to the Manhattan District Attorney's Office and the City of New York in connection with charges that it violated New York State law by conspiring to and falsifying the records of New York financial institutions, allowing clients to avoid U.S. economic sanctions meant to prohibit transactions with Sudanese, Iranian and Cuban entities. This and another $2.2 billion penalty paid directly to the state were part of a larger $8.8 billion settlement involving the federal government; see the Violation Tracker entry at (click here)
Level of Government: local
Action Type: agency action
Agency: Manhattan (NY) District Attorney
Civil or Criminal Case: criminal
Private Lawsuit Resolution Type: verdict
Facility State: New York
Facility County: New York
Facility City: New York
HQ Country of Current Parent: France
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
Source of Data(click here)
Link to Archived Court Document subscribe to see this data field
Notes: The New York City amount is clarified in the attached settlement document.
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.