Federal Reserve ends enforcement action against Sumitomo Mitsui Banking Corporation

Jerome H. Powell, Chair - Board Of Governors Of The Federal Reserve System
Jerome H. Powell, Chair - Board Of Governors Of The Federal Reserve System
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The Federal Reserve Board has announced that it has terminated a written agreement with Sumitomo Mitsui Banking Corporation of Tokyo, Japan, and its New York branch. The agreement, originally dated April 23, 2019, was ended on September 4, 2025.

The Board’s statement did not provide further details about the reasons for the termination or the original content of the enforcement action.

“Sumitomo Mitsui Banking Corporation, Tokyo, Japan and Sumitomo Mitsui Banking Corporation New York Branch, New York, New York Written Agreement dated April 23, 2019 (PDF) Terminated September 4, 2025,” according to the Federal Reserve Board.

Information on other enforcement actions by the Federal Reserve can be found through their official search tool.



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