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Standard Chartered will pay 327m dollars for violating US sanctions on Iran

Monday, December 10th 2012 - 19:38 UTC
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Standard Chartered will pay more than 300 million dollars to settle charges it violated US sanctions on Iran, Burma, Libya and Sudan. The UK-based bank has been fined 100m by the Federal Reserve and the Department of Justice seized assets worth 227m, the regulators said. Read full article

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