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Violation Tracker Individual Record

Company: Rabobank N.A.
Current Parent Company: Rabobank
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $500,000
Year: 2018
Date: May 18, 2018
Offense Group: financial offenses
Primary Offense: anti-money-laundering deficiencies
Violation Description: Rabobank's California subsidiary was sentenced to pay a $500,000 criminal fine in addition to a previous agreement to forefeit $368 million in connection with its guilty plea relating to charges that it obstructed an Office of the Comptroller of the Currency examination of deficiencies in the bank's anti-money laundering program.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-Southern District of California
Civil or Criminal Case: criminal
HQ Country of Current Parent: Netherlands
Ownership Structure of Current Parent: cooperative
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: financial services
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.