Bank of China (UK) Limited (“BOC UK”), located in London, the United Kingdom, has agreed to remit $2,329,991 to settle its potential civil liability for processing transactions in apparent violation
of OFAC’s now-repealed Sudan sanctions program, which prohibited the exportation, directly or indirectly, to Sudan of any goods, technology, or services from the United States. Specifically, between September 4, 2014 and February 24, 2016, BOC UK exported financial services from the
U.S. by processing 111 commercial transactions totaling $40,599,184 through the U.S. financial system on behalf of parties in Sudan For more info visit https://home.treasury.gov/system/files/126///20210826_bankofchina...