Industrial Bank of Korea et al: Consent Order

Consent Order between the New York State Department of Financial Services, Industrial Bank of Korea, and Industrial Bank of Korea, New York Branch pursuant to which the banks agreed to pay fines totaling $35 million for violations of New York Bank Secrecy Act and Anti-Money Laundering laws.


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    Money Laundering
    April 20, 2020
    Industrial Bank of Korea, Industrial Bank of Korea, New York Branch
    New York Department of Financial Services