Violation Tracker Individual Record

Company: 
Bank of Tokyo Mitsubishi-UFJ, Ltd
Current Parent Company: 
Mitsubishi Group
Penalty: 
$250,000,000
Year: 
2013
Date: 
June 20, 2013
Offense Group: 
financial offenses
Primary Offense: 
economic sanction violation
Violation Description: 

Bank of Tokyo Mitsubishi-UFJ agreed to pay $250 million to the Department of Financial Services for violations of New York Banking Law in connection with transactions involving countries and entities subject to international sanctions, including the regimes of Iran, Sudan, and Myanmar.

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.