I bail you out, you help me out.
From the FDIC:
The New York State Banking Department and the Federal Deposit Insurance Corporation (FDIC) today announced the lifting of a 2006 order to cease and desist issued upon consent with Bank of Tokyo-Mitsubishi UFJ Trust Company.
The order was entered into due to identified weaknesses in the bank’s Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance program. The order was lifted upon determination that the Bank of Tokyo-Mitsubishi UFJ Trust Company had addressed the issues.
How timely.
