10th Jan 2020 10:40
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prohibitions, obligations, and suspensions set forth in paragraphs 7, 8, and 9 of the 19 August 2014 Consent Order) are no longer in effect.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
+44 (0)20 7885 8596
Shaun Gamble - Media queries
+44 (0)20 7885 5934
ENDS
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