New York regulator slams StanChart compliance

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

New York regulator slams StanChart compliance

The New York Department of Financial Services said that Standard Chartered had to suspend dollar clearing for certain clients and pay a $300m penalty after it exposed weaknesses in the bank's compliance and anti-money laundering procedures.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article