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Standard Chartered fined $1.1bn for money-laundering and sanctions breaches
Standard Chartered has been ordered to pay $1.1bn (£842m) by US and UK authorities to settle allegations of poor money-laundering controls and breaching sanctions against countries including Iran. The British bank has agreed to pay $947m to American agencies, including the US Department of Justice, over allegations that it violated…
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Click here to read the full story: The Guardian