The Federal Reserve Board has announced the termination of an enforcement action involving Société Générale S.A., based in Paris, France, and its New York Branch. The written agreement between the Federal Reserve and the bank, which was originally put in place on December 17, 2019, was officially ended on September 2, 2025.
The specific details of the terminated agreement were not provided in the announcement. However, such enforcement actions are typically used by regulatory agencies to address concerns related to banking practices or compliance issues. The termination signals that the conditions set forth in the original agreement have been met or resolved.
Information about other enforcement actions taken by the Federal Reserve Board can be found through their searchable database at https://www.federalreserve.gov/apps/enforcementactions/search.aspx.