Enforcement Actions: Banking, Other Financial Products and Services

2024-02-28 Department of Financial Services Issues Consent Order to Gemini Trust Company, LLC Banks and Trusts 2024-02-23 Department of Financial Services Issues Consent Order to Piermont Bank Banks and Trusts 2024-01-17 Department of Financial Services Issues Consent Order to Industrial and Commercial Bank of China Ltd. and Consent Order to Industrial and Commercial Bank of China Ltd., New York Branch Banks and Trusts 2024-01-12 Department of Financial Services Issues Consent Order to Genesis Global Trading, Inc. Virtual Currency 2023-11-02 Department of Financial Services Issues Consent Order to Payoneer, Inc. Money Transmitters 2023-10-18 Department of Financial Services Issues Consent Order to Metropolitan Commercial Bank Banks and Trusts 2023-09-29 Department of Financial Services Issues Consent Order to Shinhan Bank America Banks and Trusts 2023-05-24 Department of Financial Services Issues Consent Order to OneMain Financial Group, LLC Banks and Trusts 2023-05-02 Department of Financial Services Issues Consent Order to bitFlyer USA, Inc. Virtual Currency 2023-04-13 Department of Financial Services Issues Consent Order to CFCU Community Credit Union Banks and Trusts 2023-03-16 Department of Financial Services Issues Consent Order to Bit Pay, Inc. Virtual Currency 2023-01-04 Department of Financial Services Issues Consent Order to Coinbase, Inc. Virtual Currency 2022-10-05 Department of Financial Services Issues Consent Order to Rhinebeck Bank Banks and Trusts 2022-08-02 Department of Financial Services Issues Consent Order to Robinhood Crypto, LLC Virtual Currency 2022-02-16 Department of Financial Services Issues Consent Order to National Bank of Pakistan and National Bank of Pakistan, NY Branch Banks and Trusts 2021-10-26 Department of Financial Services Issues Consent Order to Mashreqbank, PSC Banks and Trusts 2021-06-24 Department of Financial Services Issues Agreement with Adirondack Trust Company Banks and Trusts 2021-06-24 Department of Financial Services Issues Agreement with Chemung Canal Trust Company Banks and Trusts 2020-10-21 Department of Financial Services Issues Consent Order to Goldman Sachs Group and Goldman Sachs Bank USA Banks and Trusts 2020-10-16 Department of Financial Services Issues Statement of Charges and Notice of Hearing regarding Forster & Garbus LLP Debt Collection 2020-04-06 Department of Financial Services Issues Consent Order to Deutsche Bank AG, Deutsche Bank AG New York Branch, and Deutsche Bank Trust Company of the Americas Banks and Trusts 2020-04-30 Department of Financial Services Issues Consent Order to Bank Hapoalim, B.M. and Bank Hapoalim, B.M., New York Branches Banks and Trusts 2020-04-20 Department of Financial Services Issues Consent Order to Industrial Bank of Korea and Industrial Bank of Korea, New York Branch Banks and Trusts 2020-03-16 Department of Financial Services Issues Banking Order re Virtual Meetings and Stockholder Meetings due to C-19 Banks and Trusts 2020-03-12 Order Granting Temporary Relief to COVID-19 Affected Regulated Entities and Persons COVID-19 2019-08-15 Department of Financial Services Issues Consent Order to Tuition Options, LLC and EDvantage, LLC Student Loan Servicing 2019-06-24 Department of Financial Services Enters Into Settlement Agreement with MUFG Bank Banks and Trusts 2019-04-15 Department of Financial Services Issues Consent Order to UniCredit Group Banks and Trusts 2019-04-09 Department of Financial Services Issues Consent Order to Standard Chartered Bank and Standard Chartered Bank, New York Branch Banks and Trusts 2019-01-31 Department of Financial Services Issues Consent Order to Coney Island Payroll Check Cashers 2019-01-29 Department of Financial Services Issues Consent Order to Standard Chartered Bank and Standard Chartered Bank, New York Branch Banks and Trusts 2019-01-04 Department of Financial Services Issues Consent Order to Conduent Education Services, LLC, f/k/a Xerox Education Services, LLC, f/k/a and d/b/a ACS Education Services, Inc. Student Loan Servicing 2018-12-18 Department of Financial Services Issues Consent Order to Barclays Bank PLC and to Barclays Bank PLC, New York Branch Banks and Trusts 2018-11-21 Department of Financial Services Issues Consent Order to Standard Chartered Bank Banks and Trusts 2018-11-19 Department of Financial Services Issues Consent Order to Société Générale SA and Société Générale, New York Branch – BSA/AMLConsent Order to Société Générale SA and Société Générale, New York Branch – Sanctions Banks and Trusts 2018-10-24 Department of Financial Services Issues Order of Cease and Desist to Firoz Patel; Ferhan Patel; MH Pillars, Inc. D/B/A Payza; Obopay, Inc.; and MH Pillars, Ltd. Money Transmitters 2018-10-10 Department of Financial Services Issues Consent Order to Mashreqbank, PSC and Mashreqbank, PSC, New York Branch Banks and Trusts 2018-06-25 Department of Financial Services Issues Consent Order to Equifax, Inc. Credit Reporting 2018-06-20 Department of Financial Services Issues Consent Order to The Deutsche Bank AG and Deutsche Bank AG New York Branch Banks and Trusts 2018-05-01 Department of Financial Services Issues Consent Order to The Goldman Sachs Group, Inc. Banks and Trusts 2018-01-04 Department of Financial Services Issues Consent Order to Western Union Financial Services, Inc. Money Transmitters 2017-12-21 Department of Financial Services Issues Consent Order to NongHyup Bank, and NongHyup Bank, New York Branch Banks and Trusts 2017-11-13 Department of Financial Services Issues Consent Order to Credit Suisse AG and Credit Suisse AG, New York Branch Banks and Trusts 2017-09-25 Department of Financial Services Issues Consent Order to Total Account Recovery, LLC and E-Finance Call Center Support, LLC Payday Lending 2017-09-20 Department of Financial Services Enters Into Settlement Agreement with NY Community Financial, LLC Check Cashers 2017-08-24 Department of Financial Services Issues Against Habib Bank Limited and Habib Bank Limited, New York Branch a Notice of Hearing and Statement of Charges an Order Regarding Transaction Review, and an Order Regarding Tender of Surrender Banks and Trusts 2017-05-24 Department of Financial Services Issues Consent Order to BNP Paribas S.A. and BNP Paribas S.A., New York Branch Banks and Trusts 2017-05-12 Department of Financial Services Issues Complaint for Declaratory and Injunctive Relief to the OCC and Keith A. Noreika, Acting U.S. Comptroller of the Currency Banks and Trusts 2017-04-21 Department of Financial Services Issues Consent Order to Standard Chartered Bank Banks and Trusts 2017-01-30 Department of Financial Services Issues Consent Order to Deutsche Bank AG and Deutsche Bank AG New York Branch Banks and Trusts 2016-12-15 Department of Financial Services Issues Consent Order to Intesa Sanpaolo S.p.A. Banks and Trusts 2016-11-04 Department of Financial Services Issues Consent Order to Agricultural Bank of China Limited Banks and Trusts 2016-10-20 Department of Financial Services Issues Consent Order to Future Income Payments, LLC   2016-08-19 Department of Financial Services Issues Consent Order to Mega International Commercial Bank of Taiwan Banks and Trusts 2016-04-08 Department of Financial Services Issues Consent Order to Melrose Credit Union Banks and Trusts 2016-03-15 Department of Financial Services Issues Consent Order to Blue Global LLC and Chris K. Kay   2016-03-14 Department of Financial Services and Federal Reserve Bank of New York enter Written Agreement with National Bank of Pakistan Banks and Trusts 2016-02-24 Department of Financial Services Issues Written Agreement with Industrial Bank of Korea Banks and Trusts 2015-12-17 Department of Financial Services Issues Amended Consent Order Pursuant to BL Section 39 to First Central Savings Bank Banks and Trusts 2015-12-15 Department of Financial Services Issues Consent Order to Habib Bank Limited Banks and Trusts 2015-11-17 Department of Financial Services Issues Consent Order to Barclays Bank PLC Banks and Trusts 2015-11-03 Department of Financial Services Issues Consent Order to Deutsche Bank AG, Deutsche Bank AG New York Branch Banks and Trusts 2015-10-28 Department of Financial Services Issues Consent Order to The Goldman Sachs Group, Inc. Goldman, Sachs & Co. Banks and Trusts 2015-10-19 Department of Financial Services Issues Consent Order to Crédit Agricole S.A.; Crédit Agricole Corporate & Investment Bank New York Branch Banks and Trusts 2015-09-28 Department of Financial Services lifts the Consent Order issued to United International Bank that has been in effect since July 1, 2013. Banks and Trusts 2015-08-18 Department of Financial Services Enters into Agreement with Promontory Financial Group, LLC   2015-06-30 Department of Financial Services Issues Consent Order to Ineractiv Education, LLC d/b/a Direct Student Aid, Inc., Thomas Panik, and David Stein   2015-06-03 Department of Financial Services Issues Consent Order to Alma Bank Banks and Trusts 2015-05-20 Department of Financial Services Issues Consent Order to Barclays Bank PLC Banks and Trusts 2015-04-23 Department of Financial Services Issues Consent Order to Deutsche Bank AG Banks and Trusts 2015-03-12 Department of Financial Services Issues Consent Order to Commerzbank Banks and Trusts 2015-03-10 Department of Financial Services Issues Consent Order to Selling Source (d/b/a MoneyMutual)   2014-12-22 Department of Financial Services Issues Consent Order to Bank Leumi Banks and Trusts 2014-12-18 Department of Financial Services Reaches Agreement on Final Consent Judgment with Condor Capital   2014-12-18 Department of Financial Services Receives Consent of Defendants Condor Capital Corporation and Stephen Baron   2014-12-11 Department of Financial Services Terminates the 2012 Amended Consent Order imposed on Hanover Community Bank   2014-11-18 Department of Financial Services Issues Consent Order to Bank of Tokyo Mitsubishi UFJ   2014-10-31 Department of Financial Services Issues Consent Order to American International Group, Inc.   2014-08-19 Department of Financial Services Issues Consent Order to Standard Chartered Bank, New York Branch Banks and Trusts 2014-08-18 Department of Financial Services Enters Into Settlement Agreement with PricewaterhouseCoopers LLP, related Exhibit B – Independent Consultant Practices for Department Engagements and Excerpt of Draft HTR   2014-06-25 Department of Financial Services and New York Attorney General enter into agreement with Lyft, Inc.   2014-06-30 Department of Financial Services Issues Consent Order to BNP Paribas (BNPP) Banks and Trusts 2014-05-19 Department of Financial Services Issues Consent Order to Credit Suisse AG Banks and Trusts 2014-04-23 Department of Financial Services Obtains Temporary Restraining Order Against Condor Capital   2014-04-15 Department of Financial Services Lifts the Cease and Desist Order Issued to Niagara Frontier Federal Employees Credit Union on June 22, 2007 Banks and Trusts 2014-03-25 Department of Financial Services lifts Amended Cease and Desist Order issued to Savoy Bank   2014-03-17 Department of Financial Services Issues Consent Order to AXA Equitable Life Insurance Company   2014-03-11 Department of Financial Services Issues Order to consider proposals and applications in connection with the establishment of virtual currency exchanges located in the State of New York Virtual Currency 2014-03-10 Department of Financial Services Issues Consent Order to Relayrides, Inc.   2013-12-11 Department of Financial Services issues Consent Order to Royal Bank of Scotland, PLC Banks and Trusts 2013-08-30 Department of Financial Services Issues Extension of Temporary Order Pursuant to Banking Law § 6-m and Financial Services Law § 302(a) Banking and Financial Services 2013-08-07 Department of Financial Services Issues Order Pursuant to Section 36 and 37 of the New York Banking Law   2013-07-03 Department of Financial Services Issues Temporary Order Pursuant to Banking Law § 6-m and Financial Services Law § 302(A)
Issues Banking and Financial Services 2013-07-01 The Department of Financial Services Issues Consent Order to United International Bank Banks and Trusts 2013-06-20 The Department of Financial Services Issues Consent Order to Bank of Tokyo Mitsubishi UFJ Banks and Trusts 2013-06-18 New York Reaches Reform Agreement With Deloitte over Standard Chartered Consulting Flaws   2013-05-30 Department of Financial Services Reaches Agreement on Code of Conduct with The Fidelity and Deposit Company of Maryland   2013-05-30 Department of Financial Services Reaches Agreement on Code of Conduct with Chubb & Son   2013-05-30 Department of Financial Services Lifts Consent Order Issued to Amalgamated Bank Banks and Trusts 2013-03-25 Department of Financial Services and FRBNY Enter Into a Written Agreement with HSH NORDBANK AG Banks and Trusts 2013-01-14 Department of Financial Services Lifts Consent Order Issued to First American International Bank (issued December 14, 2010) Banks and Trusts 2012-12-05 Department of Financial Services Issues Consent Order to Ocwen Loan Servicing, LLC   2012-09-21 Department of Financial Services Issues Consent Order to Standard Chartered Bank Banks and Trusts 2012-08-06 Department of Financial Services Issues Consent Order to Standard Chartered Bank Banks and Trusts 2012-06-25 Department of Financial Services Issues an Amended Consent Order to First Central Savings Bank Banks and Trusts 2012-05-14 Department of Financial Services Issues  Amended Consent Order to Hanover Community Bank Banks and Trusts