By Ama Adams, Brendan Hanifin and Emerson Siegle  (November 30, 2018, 4:59 PM EST) -- On Nov. 19, 2018, Société Générale SA, a Paris-based financial institution, announced that it will pay $1.34 billion, pursuant to coordinated settlements with the U.S. Treasury Department's Office of Foreign Assets Control and other U.S. regulators, to resolve the bank's liability for 1,077 apparent violations of U.S. sanctions targeting Cuba, Iran and Sudan.[1] The portion of the settlement allocated to OFAC, $53,996,916.05, represents the largest OFAC enforcement action in 2018, and the $1.34 billion total penalty is the second largest sanctions-related settlement in U.S. history.[2]...