Tags Standard Chartered

Tag: Standard Chartered

Microsoft doubles down on its commitment to build trust about AI...

Microsoft has joined the Veritas consortium launched by the Monetary Authority of Singapore (MAS) to improve the trust of the use of artificial intelligence in the financial industry.

Specific exemptions in data sharing restrictions for AML would help combat...

Data protection is great for society, but it can hinder a bank’s ability to detect and prevent money laundering, according to Markus Schulz, global head of Financial Crime Compliance Controls at Standard Charted Bank.

Big banks reinvest in Symphony Communications through new $165m round

Venture capital-backed secure messaging app Symphony Communications has brought its total capital raised to more than $460m thanks to a new round led by Standard Chartered and MUFG Innovation Partners.

Standard Chartered to pay over $1bn for Iran sanction breaches

Standard Chartered has agreed to pay over $1bn for illegally processing transactions in violation of Iranian sanctions, the US Department of Justice has announced.

FCA slaps Standard Chartered with £102.2m fine for ‘poor’ AML controls

The Financial Conduct Authority has issued its second largest financial penalty ever for AML controls failings, after fining Standard Chartered Bank £102.2m for breaches in two areas of the business.

Standard Chartered sets $900m aside for potential fines

Standard Chartered has set aside $900m for potential fines from the US and UK regulators for failures in failures to comply with US sanctions laws and regulations.

Standard Chartered partners with Instabase to automate onboarding

Standard Chartered has partnered with Instabase to automate and optimise client onboarding, credit documentation and know you client processes.

Standard Chartered brings in new head of compliance

Standard Chartered has hired a new group head of compliance after reportedly seeing its global financial crime head to step down.

Standard Chartered partners with RegTech to fight financial crime

Standard Chartered has bolstered its fight against financial crime by partnering with RegTech firm Silent Eight.

Download the FREE RegTech100 report

FREE

Download the RegTech100 report for 2023 with details on each solution

50,000+ RegTech leaders get exclusive industry stories delivered every week