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Standard Chartered announces independent consultant term ended, business restrictions are no longer in effect

London – WEBWIRE

Standard Chartered PLC announces that, as of 31 December 2019, the term of the Independent Consultant, appointed by the New York State Department of Financial Services (“NY DFS”) pursuant to the 21 November 2018 Second Supplemental Consent Order, terminated and the business restrictions previously imposed by the NY DFS (specifically, the prohibitions, obligations, and suspensions set forth in paragraphs 7, 8, and 9 of the 19 August 2014 Consent Order) are no longer in effect.

Standard Chartered

We are a leading international banking group, with a presence in 60 of the world’s most dynamic markets, and serving clients in a further 85. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, Here for good.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.

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