Key Takeaways
- OFAC has published $7.9 billion in civil penalties and settlements since 2003, across 2,065 penalties, settlements and findings of violation.
- The largest is Binance, $969 million in 2023; the ten largest account for 74% of every dollar OFAC has published.
- 4 years topped $1 billion in penalties, according to OFAC: 2012 ($1.1 billion), 2014 ($1.2 billion), 2019 ($1.3 billion), 2023 ($1.5 billion).
- So far in 2026, OFAC has published 9 actions totaling $296 million, as of October 13, 2026.
OFAC has published $7.9 billion in civil penalties and settlements since 2003, and ten cases account for 74% of it. The largest is Binance, at $969 million in 2023, followed by BNP Paribas SA at $964 million. So far in 2026, OFAC has published 9 actions totaling $296 million.
Every figure is from the tables the Office of Foreign Assets Control publishes for each year, through October 13, 2026. Each penalty links to OFAC's own enforcement document.
The 25 largest OFAC penalties
Penalties and settlements are ranked by amount. A few rows from OFAC's tables cover more than one action against the same party; the count column says how many.
| Rank | Date | Name | Penalty or settlement | Actions in the row | Document |
|---|---|---|---|---|---|
| 1 | November 21, 2023 | Binance | $969 million | 1 | OFAC |
| 2 | June 30, 2014 | BNP Paribas SA | $964 million | 1 | OFAC |
| 3 | April 9, 2019 | Standard Chartered Bank | $657 million | 2 | OFAC |
| 4 | June 12, 2012 | ING Bank N.V. | $619 million | 1 | OFAC |
| 5 | April 15, 2019 | UniCredit Bank | $611 million | 3 | OFAC |
| 6 | December 16, 2009 | Credit Suisse AG | $536 million | 1 | OFAC |
| 7 | April 25, 2023 | British American Tobacco p.l.c. | $509 million | 1 | OFAC |
| 8 | December 11, 2012 | HSBC Holdings plc | $375 million | 1 | OFAC |
| 9 | October 20, 2015 | Crédit Agricole Corporate and Investment Bank | $330 million | 1 | OFAC |
| 10 | May 18, 2026 | Adani Enterprises Limited | $275 million | 1 | OFAC |
| 11 | March 12, 2015 | Commerzbank AG | $259 million | 1 | OFAC |
| 12 | December 22, 2009 | Lloyds TSB Bank, plc | $217 million | 1 | OFAC |
| 13 | June 12, 2025 | GVA Capital Ltd. | $216 million | 1 | OFAC |
| 14 | August 18, 2010 | Barclays Bank PLC | $176 million | 1 | OFAC |
| 15 | January 23, 2014 | Clearstream Banking, S.A. | $152 million | 1 | OFAC |
| 16 | December 10, 2012 | Standard Chartered Bank | $132 million | 1 | OFAC |
| 17 | March 7, 2017 | Zhongxing Telecommunications Equipment Corporation | $101 million | 1 | OFAC |
| 18 | November 26, 2013 | Weatherford International Ltd. | $91 million | 1 | OFAC |
| 19 | August 25, 2011 | JPMorgan Chase Bank N.A. | $88 million | 1 | OFAC |
| 20 | November 19, 2018 | Société Générale S.A. | $54 million | 1 | OFAC |
| 21 | June 5, 2014 | Fokker Services B.V. | $51 million | 1 | OFAC |
| 22 | January 3, 2006 | ABN AMRO Bank, N.V. | $40 million | 1 | OFAC |
| 23 | December 11, 2013 | Royal Bank of Scotland plc | $33 million | 1 | OFAC |
| 24 | March 30, 2023 | Wells Fargo Bank, N.A. | $30 million | 1 | OFAC |
| 25 | October 11, 2022 | Bittrex, Inc. | $24 million | 1 | OFAC |
Download this table (CSV), free. The full dataset, every row OFAC has published since 2003 with its date, amount and document, is one email away.
Penalties by year
| Year | Actions | Total | Largest |
|---|---|---|---|
| 2026 | 9 | $296 million | Adani Enterprises Limited ($275 million) |
| 2025 | 14 | $266 million | GVA Capital Ltd. ($216 million) |
| 2024 | 12 | $49 million | SCG Plastics Co., Ltd. ($20 million) |
| 2023 | 17 | $1.5 billion | Binance ($969 million) |
| 2022 | 16 | $43 million | Bittrex, Inc. ($24 million) |
| 2021 | 20 | $21 million | Union de Banques Arabes et Françaises ($9 million) |
| 2020 | 16 | $24 million | Société Internationale de Télécommunications Aéronautiques SCRL ($8 million) |
| 2019 | 26 | $1.3 billion | Standard Chartered Bank ($657 million) |
| 2018 | 8 | $72 million | Société Générale S.A. ($54 million) |
| 2017 | 17 | $120 million | Zhongxing Telecommunications Equipment Corporation ($101 million) |
| 2016 | 9 | $22 million | Alcon Laboratories, Inc., Alcon Pharmaceuticals Ltd., and Alcon Management, SA ($8 million) |
| 2015 | 15 | $600 million | Crédit Agricole Corporate and Investment Bank ($330 million) |
| 2014 | 23 | $1.2 billion | BNP Paribas SA ($964 million) |
| 2013 | 27 | $137 million | Weatherford International Ltd. ($91 million) |
| 2012 | 16 | $1.1 billion | ING Bank N.V. ($619 million) |
| 2011 | 21 | $92 million | JPMorgan Chase Bank N.A. ($88 million) |
| 2010 | 27 | $201 million | Barclays Bank PLC ($176 million) |
| 2009 | 27 | $772 million | Credit Suisse AG ($536 million) |
| 2008 | 105 | $4 million | Minxia Non-Ferrous Metals, Inc. ($1 million) |
| 2007 | 56 | $4 million | Chevron Corporation ($2 million) |
| 2006 | 30 | $41 million | ABN AMRO Bank, N.V. ($40 million) |
| 2005 | 645 | $1 million | Individuals ($112,000) |
| 2004 | 514 | $3 million | Alpha Pharmaceutical, Inc.; ICN Farmaceutica S.A. de C.V.; and Laboratorios Grossman, S.A. ($198,712) |
| 2003 | 395 | $3 million | Zim American Israeli Shipping Co., Inc. ($250,000) |
How OFAC enforcement adds up
- OFAC has published 2,065 penalties, settlements and findings of violation since 2003.
- The ten largest account for 74% of every dollar, and the 25 largest 95%. A year's total depends on whether one of them lands in it.
- 4 years topped $1 billion: 2012 ($1.1 billion), 2014 ($1.2 billion), 2019 ($1.3 billion), 2023 ($1.5 billion), according to OFAC.
- 140 rows name an individual rather than a company.
What this means for technology buyers
Many of the largest penalties in the table went to banks that processed payments for sanctioned parties. Screening is the control meant to stop them. These guides compare the options:
- Sanctions screening software for global banks: screening customers and payments against sanctions lists.
- KYC automation platforms: knowing who the customer is before screening them.
- AML transaction monitoring: catching the patterns screening alone misses.
Mapping the business? The Retail Bank Business Capability Model places financial crime controls among everything else a bank runs.
More from Finantrix Atlas
- Bank Secrecy Act enforcement actions by FinCEN
- Largest banks in the US
- Largest futures commission merchants
How this list was built
The universe is every row in OFAC's civil penalties and enforcement tables, one per year from 2003, and the current year's table to date. Each year's rows were checked against the totals row OFAC prints beneath it, and every year from the third onward matches exactly.
Limits
- OFAC's early tables do not add up. In 2003 and 2004, the totals OFAC prints differ slightly from the sum of its own rows. This page uses the rows.
- Rows, not cases, in the early years. Through 2005, OFAC grouped several small actions into one row; the count column carries them.
- Settled amounts, not maximum penalties. The amounts are what OFAC imposed or settled for, often far below the statutory maximum, and sometimes deemed satisfied by payments to other agencies.
- Names as published. OFAC names a company as it stood at the time; later mergers are not reflected.
Cite this
Free to quote, cite and republish, including the chart, with credit to Finantrix Atlas and a link to this page.
OFAC has published $7.9 billion in civil penalties and settlements since 2003, and the ten largest cases account for 74% of it, according to a Finantrix Atlas analysis of OFAC data.
Suggested citation: Finantrix Atlas, "OFAC Sanctions Penalties: Who Paid and How Much," through October 13, 2026, from OFAC civil penalties and enforcement information. https://www.finantrix.com/articles/ofac-penalties
Embed the chart:
<a href="https://www.finantrix.com/articles/ofac-penalties"><img src="https://www.finantrix.com/atlas/ofac-penalties.png" alt="The largest OFAC sanctions penalties, from Finantrix Atlas"></a>
<p>Chart: <a href="https://www.finantrix.com/articles/ofac-penalties">Finantrix Atlas</a>, from OFAC data.</p>
Frequently asked questions
Q: What is the largest OFAC penalty? A: Binance, at $969 million in 2023, according to OFAC's published tables.
Q: How much has OFAC imposed in sanctions penalties? A: According to OFAC, $7.9 billion in civil penalties imposed and settlements agreed from 2003 through October 13, 2026.
Q: Does OFAC publish every penalty? A: OFAC publishes its civil penalties and settlements, and findings of violation that carry no penalty. Criminal sanctions cases are brought by the Justice Department and are not in these tables.
Download the data
The 25 rows on this page (CSV), free. The full dataset has all 1,067 rows, as of October 13, 2026; we email you a link.
Frequently Asked Questions
What is the largest OFAC penalty?
Binance, at $969 million in 2023, according to OFAC's published tables.
How much has OFAC imposed in sanctions penalties?
According to OFAC, $7.9 billion in civil penalties imposed and settlements agreed from 2003 through October 13, 2026.
Does OFAC publish every penalty?
OFAC publishes its civil penalties and settlements, and findings of violation that carry no penalty. Criminal sanctions cases are brought by the Justice Department and are not in these tables.