Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Amazon.com, Inc.

Release date
07/08/2020
Body

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a $134,523 settlement with Amazon.co​m, Inc. (“Amazon”).  Amazon, a Seattle, Washington-based company that provides retail, e-commerce, and digital services to millions of customers worldwide, has agreed to pay $134,523 to settle its potential civil liability for apparent violations of multiple OFAC sanctions programs.  As a result of deficiencies related to Amazon’s sanctions screening processes, Amazon provided goods and services to persons sanctioned by OFAC; to persons located in the sanctioned region or countries of Crimea, Iran, and Syria; and to individuals located in or employed by the foreign missions of countries sanctioned by OFAC.  Amazon also failed to timely report several hundred transactions conducted pursuant to a general license issued by OFAC that included a mandatory reporting requirement, thereby nullifying that authorization with respect to those transactions.  The settlement amount reflects OFAC’s determination that Amazon’s apparent violations were non-egregious and voluntarily self-disclosed, and further reflects the significant remedial measures implemented by Amazon upon discovery of the apparent violations.​​

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