StanChart Hit With $40M Fine For Transaction Rigging
PYMNTS
JANUARY 30, 2019
The New York Department of Financial Services (DFS) announced it has fined Standard Chartered $40 million for attempting to rig transactions in foreign exchange (FX) markets between 2007 and 2013. The bank also agreed to provide the DFS with ongoing progress reports to prove that it is meeting the objectives.
Let's personalize your content