US regulators have unveiled fines against the Industrial and Commercial Bank of China worth around $32.4 million for disclosing confidential supervisory
US regulators have unveiled fines against the Industrial and Commercial Bank of China worth around $32.4 million for disclosing confidential supervisory information, the Federal Reserve announced Friday. The Fed fined the Chinese state-owned commercial bank’s New York branch $2.4 million for its “unauthorized use and disclosure of confidential supervisory information,” it announced in a statement. […]
The post US regulators fine Chinese bank $32 mn for disclosing confidential info appeared first on Insider Paper.
https://insiderpaper.com/us-regulators-fine-chinese-bank-32-mn-for-disclosing-confidential-info/
Comments
0 comment