Tag: fines

CT’s investigation into the terms of Standard Chartered Bank’s additional fines and restrictions on transaction services.

After a US jury hit a tobacco maker with $23,6 billion in fines, CT looks at damages that have caused treasurers serious bother.

In a record year for anti-money laundering penalties, US regulators slapped multinational banks with more than $1.1 billion in fines in 2012, specifically for ‘payment stripping’ and knowingly making payments to sanctioned countries.