Monday, August 6, 2012

Reuters: Regulatory News: NY may suspend Standard Chartered over Iran dealings

Reuters: Regulatory News
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NY may suspend Standard Chartered over Iran dealings
Aug 6th 2012, 16:07

Mon Aug 6, 2012 12:07pm EDT

Aug 6 (Reuters) - A Standard Chartered Plc banking unit conducted more than $250 billion of transactions with Iran-related entities in violation of U.S. anti-money laundering laws and may lose its license to operate in New York State, a state banking regulator said on Monday.

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