Announcement of the Termination of U.S. Regulatory Enforcement Action(1/1)
May 7, 2010
Sumitomo Mitsui Banking Corporation
Announcement of the Termination of
TOKYO, May 7, 2010 --- Sumitomo Mitsui Banking Corporation (SMBC, President: Masayuki Oku) and SMBC's New York Branch received notice of the termination of Written Agreement dated January 22, 2007 with the Federal Reserve Bank of New York and the New York State Banking Department on May 6.
This termination was based on the findings by
As a global financial organization, SMBC is committed to compliance with all legal requirements in the jurisdictions where we operate and we will continue our efforts to maintain and improve an effective program for preventing money laundering and terrorist financing.