Federal Reserve Board issues enforcement action with former institution-affiliated party of BNP Paribas

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Federal Reserve Board issues enforcement action with former institution-affiliated party of BNP Paribas

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The following press release was published by the Board of Governors of the Federal Reserve System on Sept. 9. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Consent prohibition and civil money penalty against Bhushan Bhangale Former institution-affiliated party of BNP Paribas, New York, New York Receipt of improper payments in connection with third-party services provided to institution Additional enforcement actions can be searched for here.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System

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