Press Release

March 10, 2026 Federal Reserve Board announces termination of enforcement actions with Industrial and Commercial Bank of China Ltd., Industrial and Commercial Bank of China Ltd., New York Branch, Standard Chartered PLC, and Standard Chartered Bank For release at 11:00 a.m. EDT Share The Federal Reserve Board on Tuesday announced the termination of the enforcement actions listed below: Industrial and Commercial Bank of China, Ltd., Beijing, People's Republic of China and Industrial and Commercial Bank of China, Ltd, New York Branch, New York, New York Written Agreement dated November 4, 2021 (PDF) Terminated February 27, 2026 Industrial and Commercial Bank of China Ltd., Beijing, People's Republic of China and Industrial and Commercial Bank of China Ltd. New York Branch, New York, New York Cease and Desist Order dated January 16, 2024 (PDF) Terminated February 26, 2026 Standard Chartered PLC, London, United Kingdom, Standard Chartered Bank, London, United Kingdom, and Standard Chartered Bank, New York Branch, New York, New York Cease and Desist Order dated December 10, 2012 (PDF) Terminated February 26, 2026 Standard Chartered PLC, London, United Kingdom, Standard Chartered Bank, London, United Kingdom, and Standard Chartered Bank, New York Branch, New York, New York Cease and Desist Order dated April 8, 2019 (PDF) Terminated February 26, 2026 Additional enforcement actions can be searched for here . For media inquiries, please email [email protected] or call 202-452-2955.

Federal Reserve (2026, March 9). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20260310_federal_reserve_board_announces_termination_of

@misc{wtfs_press_release_20260310_federal_reserve_board_announces_termination_of,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2026},
  month = {Mar},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20260310_federal_reserve_board_announces_termination_of},
  note = {Retrieved via When the Fed Speaks corpus}
}