The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a settlement with FTI Consulting, Inc. on June 1, 2026. FTI agreed to pay $1,050,000 to settle its potential civil liability for apparent violations of OFAC sanctions that target Russia’s financial sector. Between April 2019 and May 2021, the consulting firm indirectly dealt in prohibited debt of VTB Bank OAO, a Russian state‑owned bank listed on OFAC’s Sectoral Sanctions Identification List, on six occasions. The settlement amount reflects OFAC’s determination that FTI’s conduct was non‑egregious and that the violations were not voluntarily disclosed. The release is available on the Treasury website for additional details.
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