Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Standard Chartered Bank
Current Parent CompanyStandard Chartered
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $40,000,000
Year: 2019
Date: January 29, 2019
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Secondary Offense: foreign exchange market manipulation
Violation Description: The New York Department of Financial Services fined Standard Chartered Bank $40 million for attempting to rig transactions in foreign exchange markets between 2007 and 2013.
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 Current Parent: United Kingdom
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
Source of Data(click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.