AgreeYa Solutions helps financial institutions and advisory firms adapt to regulations and compliance programs, whereby significantly reducing their exposure to corporate liability, sanctions, and litigation that may arise from violations of statutory norms and law.

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Trends inCivil Penaltiesfor AML Non-Complianceand ViolationsStatistics from OFAC indicate a sharp rise in penalty amounts even though the number of fines have decreased.

1,139

90200

772

3.516

21

2727

104

0

20

40

60

80

100

120

0

200

400

600

800

1,000

1,200

2012 2011 2010 2009 2008

No.

of F

ines

Pena

lty A

mou

nt (i

n M

illio

n)

Penalty Amount No. of Fines

Implications ofNon-Compliance

Source: http://www.treasury.gov/resource-center/sanctions/CivPen/Pages/civpen-index2.aspx

Bank Fines forNon-Compliance and ViolationsSome of the nation’s leading financial institutions have been assessed huge penalties arising from non-compliance to regulations. With more strict economic sanctions and enforcements, banks and financial services firms need to ensure their compliance programs are designed to minimize risk.

$ 1,139,158,727THE TOTAL FINES OFAC HAS ASSESSED IN 2012 ALONE

Source: http://www.treasury.gov/resource-center/sanctions/CivPen/Pages/2012.aspx

Measures to be taken toavoid these penalties:

Good Governance Robust CompliancePrograms

StrongInternal Controls& Regular Audits

Investment in AdoptingNew Technology,

Processes

Financial Penalties Impositionof Sanctions

Imprisonment Damage toCorporate Reputation