Notice

Imposition of monetary penalty: Standard Chartered Bank

OFSI report of penalty for breach of financial sanctions – loans to a subsidiary of a designated person.

• From: Office of Financial Sanctions Implementation and HM Treasury
• Published: 31 March 2020

Documents

Penalty for breach of financial sanctions, Standard Chartered Bank

PDF, 99.8 KB, 5 pages

This file may not be suitable for users of assistive technology.

Request an accessible format

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

Penalty imposed on Standard Chartered Bank due to a series of 102 loans to Denizbank A.Ş. between 8 April 2015 and 26 January 2018. At the time the loans were made, Denizbank A.Ş. was almost wholly owned by Sberbank of Russia.

Published 31 March 2020