AML: OFAC: US TD Bank Sanctions: Violation of Sanctions Against North Korea
-1479 transactions with North Korea-
US Treasury:
On December 23, he ordered the TD Bank Group in Delaware, USA, to pay a fine of $ 115,000 for violating sanctions against North Korea.
Delaware, USA
TD Bank Group
OFAC revealed this day.
TD Bank:
From December 20, 2016 to August 15, 2018,
Without OFAC approval
Opened an account for nine staff members of the North Korean embassy in the United Nations.
Since then, 1479 transactions have been made.
The total transaction amount reaches 383,685 dollars (43,870,000 yen).
The TD Bank also
On suspicion of having traded drugs overseas
On the “blacklist”,
It was also found that he opened two accounts with Americans and maintained them for over four years.
–Yahoo! News
https://news.yahoo.co.jp/articles/a8c48b08aa82001befcb91172ae0415cd60f3baf
Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and TD Bank, N.A. | U.S. Department of the Treasury
12/23/2021
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)
today announced a $115,005.04 settlement of two cases involving T.D. Bank, N.A. (“TDBNA”)
for apparent violations of the North Korea Sanctions Regulations and the Foreign Narcotics Kingpin Sanctions Regulations.
The apparent violations in both matters
were voluntarily self-disclosed and were non-egregious.For more information on this settlement please visit this web notice.
https://home.treasury.gov/policy-issues/financial-sanctions/recent-ctions/20211223_33
TD Wealth
https://www.tdbank.com/privateclient/index_d.html?mps=mps:tdb:p:pcg:n-p:all:d:H1788&gclsrc=aw.ds