StanChart US sanctions failings disinterred by whistleblower lawsuit

A US court filing, on 31 May, alleges that Standard Chartered Bank (SCB) facilitated transactions for banks and other sanctioned entities in Iran, some linked to terrorist organisations, after it said it would cease doing business with customers in the country in 2007.

A US court filing, on 31 May [2024], alleges that Standard Chartered Bank (SCB) facilitated transactions for banks and other sanctioned entities in Iran, some linked to terrorist organisations, after it said it would cease doing business with customers in the country in 2007.