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Settlement Agreement between the U.S. Department of the Treasury's Office of Foreign Assets Control and Banco do Brasil, S.A.


The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a $139,500 settlement with Banco do Brasil, S.A., New York Branch ("BBNY") for seven apparent violations of § 560.204 of the Iranian Transactions and Sanctions Regulations, 31 C.F.R. part 560 (ITSR).

For more information on this action, please visit the following web notice.
Last Updated: 11/4/2015 1:03 PM