
Barclays Bank PLC agreed to forfeit $298 million to the federal government and to the New York County District Attorney's Office in connection with violations of the International Emergency Economic Powers Act and the Trading with the Enemy Act. The violations related to transactions Barclays was said to have illegally conducted on behalf of customers from Cuba, Iran, Sudan and other countries sanctioned in programs administered by the Office of Foreign Assets Control. For more info visit https://www.justice.gov/opa/pr/barclays-bank-plc-agrees-forfeit-298-million-connection-violations-international-emergency