Federal Reserve Board issues enforcement action with NongHyup Bank

The following press release was published by the Board of Governors of the Federal Reserve System on Jan. 26, 2017. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: NongHyup Bank, Seoul, Korea and NongHyup Bank, New York Branch, New York, New York Written Agreement dated Jan. 17, 2017 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System