Federal Reserve Board announces termination of enforcement action with NongHyup Bank

The following press release was published by the Board of Governors of the Federal Reserve System on May 11. It is reproduced in full below.

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 Jan. 17, 2017

Terminated May 8, 2023

Additional enforcement actions can be searched for here.

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Source: Board of Governors of the Federal Reserve System