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Announcement of the Termination of U.S. Regulatory Enforcement Action(1/1)
May 7, 2010
Sumitomo Mitsui Banking Corporation
Announcement of the Termination of
TOKYO, May 7, 2010 --- Sumitomo Mitsui
Banking Corporation (SMBC, President:
Masayuki Oku) and SMBC's New
York Branch received notice of the termination of Written Agreement dated
January 22, 2007 with the Federal Reserve Bank of New York and the New York
State Banking Department on May 6.
This termination was based on the findings by
those
As a global financial organization, SMBC is
committed to compliance with all legal requirements in the jurisdictions where
we operate and we will continue our efforts to maintain and improve an
effective program for preventing money laundering and terrorist financing.