Japan regulator reprimands Commerzbank Tokyo unit

January 8, 2010
Commerzbank reprimanded

Commerzbank reprimanded

    TOKYO, Jan 8 (Reuters) – Japan’s financial regulator ordered the local unit of Commerzbank AG <CBKG.DE> to improve its compliance on Friday, citing insufficient data processing for currency trades.
   The regulatory order does not carry any punishment, but Commerzbank will be expected to take steps to improve its internal systems, a statement from the Financial Services Agency showed. (Reporting by David Dolan) ((david.dolan@thomsonreuters.com; +813-6441-1805; Reuters Messaging: david.dolan.reuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: COMMERZBANK/JAPAN 
Friday, 08 January 2010 08:23:30RTRS [nTOE606055] {C}ENDS

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