The New York State Department of Financial Services imposed a $315 million penalty on the Bank of Tokyo-Mitsubishi UFJ for misrepresenting the extent of its business with Iran and "misleading regulators".  This action follows a separate settlement reached with New York regulators in 2013.  At that time, the bank was fined $250 million for routing transactions with Iran and other restricted countries through New York.  However, the consulting firm PricewaterhouseCoopers, which investigated and assessed the misconduct, was accused of "improperly altering" its report under pressure from the bank.  The firm was fined $25 million for doing so in August by the New York regulator.