Violation Tracker Parent Company Summary
Parent Company Name:
Standard Chartered
Ownership Structure:
publicly traded
Headquartered in:
United Kingdom
Major Industry:
financial services
Specific Industry:
banking
Penalty total since 2000:
$1,959,563,443
Number of records:
13
| Top 5 Offense Groups (Groups Defined) | Penalty Total | Number of Records |
|---|---|---|
| financial offenses | $1,919,563,443 | 12 |
| competition-related offenses | $40,000,000 | 1 |
| Top 5 Primary Offense Types | Penalty Total | Number of Records |
|---|---|---|
| economic sanction violation | $1,009,226,443 | 7 |
| anti-money-laundering deficiencies | $640,000,000 | 2 |
| banking violation | $264,000,000 | 2 |
| foreign exchange market manipulation | $40,000,000 | 1 |
| tax violations | $6,337,000 | 1 |
Notes:
Parent-subsidiary linkages are based on relationships current as of the latest revision listed in the Update Log, which may vary from what was the case when a violation occurred. The penalty totals are adjusted to account for the fact that the individual entries below may include both agency records and settlement announcements for the same case; or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. The totals are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. Duplicate or overlapping penalty amounts are marked with an asterisk in the list below.
Associated Names:
Standard Chartered Bank; STANDARD CHARTERED BANK SWITZERLAND SA EN LIQUIDATION; STANDARD CHARTERED PLC
Links:
Subsidy Tracker data on financial assistance to this company by federal, state and local government agencies can be found here.
Individual Penalty Records:
Click on the company or penalty amount for more information on each case.
Company |
Primary Offense Type | Year | Agency | Penalty Amount |
|---|---|---|---|---|
| STANDARD CHARTERED PLC | banking violation | 2012 | FED | $100,000,000 |
| Standard Chartered plc | banking violation | 2019 | FED | $164,000,000 |
| Standard Chartered Bank (Switzerland) SA, en liquidation | tax violations | 2015 | DOJ_TAX | $6,337,000 |
| Standard Chartered Bank | economic sanction violation | 2012 | DOJ_CRIMINAL | $227,000,000 |
| Standard Chartered Bank | economic sanction violation | 2012 | OFAC | (*) $132,000,000 |
| Standard Chartered Bank | economic sanction violation | 2019 | DOJ_CRIMINAL | $292,210,160 |
| Standard Chartered Bank | economic sanction violation | 2019 | OFAC | (*) $657,040,033 |
| Standard Chartered Bank | economic sanction violation | 2019 | NY-MANDA | $292,000,000 |
| Standard Chartered Bank | economic sanction violation | 2012 | NY-MANDA | (*) $113,500,000 |
| Standard Chartered Bank | anti-money-laundering deficiencies | 2012 | NY-DFS | $340,000,000 |
| Standard Chartered Bank | anti-money-laundering deficiencies | 2014 | NY-DFS | $300,000,000 |
| Standard Chartered Bank | foreign exchange market manipulation | 2019 | NY-DFS | $40,000,000 |
| Standard Chartered Bank | economic sanction violation | 2019 | NY-DFS | $180,000,000 |
