WASHINGTON — The New York branch of Paris-based bank Societe Generale has agreed to take steps to address deficiencies in its compliance with certain anti-money laundering rules, the Federal Reserve said Tuesday in a written agreement with the firm.

Under the agreement, the Federal Reserve will review the effectiveness of Societe Generale's corporate governance, control infrastructure and business line accountability with respect to anti-money laundering and Bank Secrecy Act rules.

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