Standard Chartered PLC Independent Consultant Term Ended (4378Z)
January 10 2020 - 05:40AM
UK Regulatory
TIDMSTAN
RNS Number : 4378Z
Standard Chartered PLC
10 January 2020
STANDARD CHARTERED ANNOUNCES INDEPENDENT CONSULTANT TERM ENDED
AND BUSINESS RESTRICTIONS LIFTED
London, 10 January 2020 - 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August 2014 Consent Order) are no longer in effect.
For further information, please contact:
Mark Stride - Investor queries
mark.stride@sc.com
+44 (0)20 7885 8596
Shaun Gamble - Media queries
shaun.gamble@sc.com
+44 (0)20 7885 5934
ENDS
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END
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