"sanctions violations" is a correct and usable phrase in written English.
It refers to the act of breaking or disregarding sanctions, which are penalties or restrictions imposed on a country or individual by a governing body. Example: The United Nations issued a report condemning the country for its repeated sanctions violations, calling for stricter enforcement and potential consequences.
It is the largest fine a bank has paid to settle accusations of sanctions violations.
In exchange, Washington granted clemency to seven Iranians charged or imprisoned in the United States for sanctions violations.
At the same time, Tehran claims that at least fourteen Iranians are imprisoned in the United States for sanctions violations.
The bank's general counsel, Georges Dirani, told the judge that BNP's sanctions violations took place between 2004 and 2012.
In 2014, however, BNP Paribas agreed to pay nearly nine billion dollars to settle with regulators over sanctions violations.
The Department of Justice routinely sends investigators to other countries to pursue possible F.C.P.A. and sanctions violations.
If such gold entered the U.S., it would qualify as a sanctions violation, but would be almost impossible to identify as North Korean.
According to Erich Ferrari, the lawyer who specializes in sanctions, companies that learn of a possible sanctions violation typically commission a "look-back" investigation that "reviews all payments you received, to make sure they didn't originate with a sanctioned entity".
At the time, Fischer had a passport (originally issued in 1997 and updated in 2003 to add more pages) that, according to U.S. officials, had been revoked in November 2003 (due to his outstanding arrest warrant for the Yugoslavia sanctions violation).
Over the last few years, most of the cases have focused on those so-called sanction violations.
ING Bank, part of the Dutch financial giant ING Group, reached a $619 million settlement for allegation of sanction violations in June.
