Violation Tracker Individual Record
Company:Standard Chartered Bank
Date:August 19, 2014
Offense Group:financial offenses
Primary Offense:anti-money-laundering deficiencies
Standard Chartered Bank was penalized $300 million for failing to remediate anti-money laundering compliance problems as required in the bank's 2012 settlement with the New York State Department of Financial Services.
Level of Government:state
Action Type:agency action
Agency:New York Department of Financial Services
Civil or Criminal Case:civil
Facility State:New York
HQ Country of Parent:United Kingdom
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking
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