Standard Chartered agrees to pay a USD1.1 billion fine for AML & Sanctions violations

On 9 April 2019, the London based global financial institution, Standard Chartered (the ‘Bank’) agreed with the UK and US regulators to pay a combined USD1.1 billion fine for failings in its Anti-Money Laundering (AML) controls and for violations of its obligations under the US sanctions regime.

By | 2019-05-31T01:21:15+00:00 |Financial, International|0 Comments