Akin GumpยทSANCTIONS / EXPORT CONTROLS

OFAC penalizes Bank of America $11.66M; EU adds 743 to Russia listings

A 13 Oct 2026 OFAC settlement with Bank of America, N.A. ($11,662,930) over blocked-property payments and alert-handling failures lands days after the EU's largest-ever Russia sanctions listing round.

ofac-enforcementbank-compliancesanctions-screeningeu-russia-sanctionsasset-freezesexport-controlsblocking-compliance
Read the original firm alert โ†’ Thursday, October 15, 2026

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