Tag Archives: Standard Chartered

Standard-bearer no longer

Posted on August 28, 2014 by Susan Grossey author

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…

Posted on August 11, 2014 by Susan Grossey author

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.

Posted on August 10, 2012 by Susan Grossey author

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