New York Fed to help Bangladesh Bank chase down stolen funds

federal-reserve-bank-new-york
The New York Fed

The Federal Reserve Bank of New York has agreed to help Bangladesh Bank recover funds stolen in a cyber heist in February 2016.

In a joint statement, the two institutions said they would “continue to work together” to recover the stolen funds and to “bring the wrongdoers responsible to justice”.

“To further the recovery effort, the New York Fed and Bangladesh Bank have entered into a Resolution and Assistance Agreement where the New York Fed will provide technical assistance to Bangladesh Bank

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: