Federal ReserveNews

Federal Reserve Board – Federal Reserve Board announces termination of enforcement action with Industrial Bank of Korea and Industrial Bank of Korea New York Branch



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December 06, 2022

Federal Reserve Board announces termination of enforcement action with Industrial Bank of Korea and Industrial Bank of Korea New York Branch

For release at 11:00 a.m. EST

The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below:

Industrial Bank of Korea, Seoul, Korea, and Industrial Bank of Korea New York Branch, New York, New York

Written Agreement, dated February 24, 2016 (PDF)

Terminated December 2, 2022

Additional enforcement actions can be searched for here.

For media inquiries, please email [email protected] or call 202-452-2955.

Last Update:
December 06, 2022


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