HSBC Bank USA OFAC Settlement: $11K (2003)

Last updated: July 20, 2026

HSBC Bank USA settled a civil penalty of $11,000.00 for violations of the Yugoslavia sanctions program. The violations included maintenance of an unblocked account from 1997 to 2000 and a funds transfer in 2000. HSBC Bank USA made a voluntary self-disclosure.

Penalty Amount

$11,000.00

Enforcement Date

June 6, 2003

Rank in Top Penalties

#513

Case Details

Type:: Entity
Name:: HSBC Bank USA
Country:: 🇺🇸 United States
Industry:: Banking
Address:: Newark, DE 19713
Penalty amount:: $11,000.00
Egregious case:: Unknown
Voluntary self disclosure:: Yes
Case:: Settled
Violation period:: 1997 to 2000
Program:: Yugoslavia
Enforcement date:: June 6, 2003

Official Source Documents

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Archived on June 13, 2026

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