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Violation Tracker Individual Record

Company: SAP SE
Current Parent Company: SAP
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $5,140,000
Year: 2021
Date: April 29, 2021
Offense Group: financial offenses
Primary Offense: economic sanction violation
Violation Description: SAP acknowledged violations of the Export Administration Regulations and the Iranian Transactions and Sanctions Regulations. As a result of its voluntary disclosure to DOJ, extensive cooperation and strong remediation costing more than $27 million, DOJ's National Security Division (NSD) and the U.S. Attorney's Office for the District of Massachusetts entered into a Non-Prosecution Agreement with SAP. Pursuant to that agreement, SAP agreed to disgorge $5.14 million of ill-gotten gain.
Level of Government: federal
Action Type: agency action
Agency: Justice Department National Security Division
Civil or Criminal Case: criminal
Prosecution Agreement: non-prosecution agreement
HQ Country of Current Parent: Germany
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: information technology
Specific Industry of Current Parent: software
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.