BTMU Reaches Settlement with New York State Department of Financial Services

  BTMU Reaches Settlement with New York State Department of Financial Services

Business Wire

TOKYO -- June 20, 2013

The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“BTMU”) today announced that it has
entered into a consent agreement with the New York State Department of
Financial Services (“DFS”) to resolve issues relating to certain US dollar
payments that were routed through New York from 2002 to 2007.

In 2007, BTMU self-identified the issues cited today by DFS, voluntarily and
promptly ceased the practices, reported them to all of its regulators, and has
been cooperating fully with its regulators on these matters. Since 2007, BTMU
has significantly improved its compliance policies and procedures. BTMU is
committed to conducting business with the highest levels of integrity and
regulatory compliance, and to continually improving its policies and
procedures.

Under the terms of the agreement with DFS, BTMU will make a payment of $250
million to DFS. BTMU will also retain a consultant approved by DFS to conduct
a one-year compliance review of the relevant controls and related matters in
BTMU’s current operations. BTMU will continue to work constructively with DFS,
the compliance consultant, and all our regulators in our key markets around
the world.

Contact:

Sard Verbinnen & Co.
Jim Barron or Dan Goldstein
212-687-8080
 
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