Violation Tracker Individual Record

Company: 
Bank of Tokyo Mitsubishi UFJ
Current Parent Company: 
Mitsubishi Group
Penalty: 
$315,000,000
Year: 
2014
Date: 
November 18, 2014
Offense Group: 
financial offenses
Primary Offense: 
economic sanction violation
Violation Description: 

Bank of Tokyo Mitsubishi UFJ (BTMU) was penalized an additional $315 million -- on top of a $250 million penalty in 2013 -- for misleading regulators regarding its transactions with Iran, Sudan, Myanmar, and other sanctioned entities.

Level of Government: 
state
Action Type: 
agency action
Agency: 
New York Department of Financial Services
Civil or Criminal Case: 
civil
Facility State: 
New York
HQ Country of Parent: 
Japan
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.