Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

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May 11, 2023

For release at 11:30 a.m. EDT

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

NongHyup Bank, Seoul, Korea, and NongHyup Bank, New York Branch, New York, New York
Written Agreement dated January 17, 2017
Terminated May 8, 2023

Additional enforcement actions can be searched for here.

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Last Update: May 11, 2023

Press Release