Tag Archives: Standard Chartered

Standard-bearer no longer

I once had a very scary Latin teacher – scary because she could tell you off for doing something when she had her back turned while writing on the blackboard.  (She later confessed that she kept an eye on us … Continue reading

Posted in AML, Due diligence, Money laundering | Tagged , , , , , | 2 Comments

With friends like this…

On 6 August 2014, it was announced that Standard Chartered could face further fines for AML failings after US regulators identified new problems with the bank’s surveillance system.  Back in August 2012, the bank agreed to pay a US$340 million fine for … Continue reading

Posted in AML, Due diligence | Tagged , , , , | 4 Comments

Innocent until, etc.

Last night I went out for dinner with some well-read friends (fish finger sandwich followed by mini doughnuts and chocolate dipping sauce, thank you for asking), and money laundering was the topic du jour.  And I quote: “Your lot are … Continue reading

Posted in AML, Money laundering, Regulation | Tagged , , , , , , , | 1 Comment