Home / Business / Standard Chartered to end supervision by New York regulator for compliance failings

Standard Chartered to end supervision by New York regulator for compliance failings

Standard Chartered will on Dec. 31 end a period of supervision by an independent monitor it had agreed with New York’s Department of Financial Services (DFS), the DFS said on Wednesday, bringing to a close one strand of the bank’s punishment for past failings in compliance controls.

Check Also

HNA cuts stake in Deutsche Bank to 6.3 percent: SEC filing

Chinese conglomerate HNA has cut its stake in Deutsche Bank to 6.3 percent, according to …

Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade

Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, …