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Federal Reserve issues enforcement action

March 14, 2018 / Source: FRB

Press Release

March 13, 2018

Federal Reserve issues enforcement action with Industrial and Commercial Bank of China Ltd.

For release at 11:00 a.m. EDT

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

Industrial and Commercial Bank of China Ltd., Beijing, People's Republic of China and
Industrial and Commercial Bank of China Ltd., New York Branch, New York, New York
Cease and Desist Order dated March 12, 2018

Search of Federal Reserve enforcement actions.

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Last Update: March 13, 2018