# 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 — Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated

For 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, action is Cease and Desist Order, Civil Money Penalty; effective date is 2024-01-16; termination date is 2026-02-26; board document is https://www.federalreserve.gov/newsevents/pressreleases/enforcement20240119a.htm; document type is Press Release, verified against its source on 2026-08-11.

- **Banking organisation:** 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 _(verified: appears in the quote below)_
- **Action:** Cease and Desist Order, Civil Money Penalty _(verified: appears in the quote below)_
- **Effective date:** 2024-01-16 _(verified: appears in the quote below)_
- **Termination date:** 2026-02-26 _(verified: appears in the quote below)_
- **Board document:** https://www.federalreserve.gov/newsevents/pressreleases/enforcement20240119a.htm _(verified: appears in the quote below)_
- **Document type:** Press Release _(verified: appears in the quote below)_

## What the source says

> 2024-01-16,2026-02-26,,,"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, Civil Money Penalty ",https://www.federalreserve.gov/newsevents/pressreleases/enforcement20240119a.htm,Press Release,

## Source

- https://www.federalreserve.gov/supervisionreg/files/enforcementactions.csv

Last verified: 2026-08-11. Review by: 2026-09-01.
Part of [Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated](https://referencesource.org/bank-enforcement-actions/).