www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

left corner left corner
China Daily Website

Bank close to settlement on Iran transactions

Updated: 2012-11-02 09:40
( Agencies)

WASHINGTON - Standard Chartered is close to wrapping up discussions to resolve US investigations into its Iran-linked transactions and nearing agreement on a fine in the $300-million range, mirroring a much-publicized state settlement over similar allegations, according to four people familiar with the matter.

The London-based bank agreed in August to pay New York's banking regulator $340 million after that authority filed a surprise order accusing the bank of hiding some $250 billion worth of transactions with Iran.

In bringing its case in August, the New York Department of Financial Services broke away from other authorities also investigating the transfers, including the Manhattan District Attorney, the US Treasury Department, the New York Federal Reserve and the Justice Department. ?

Standard Chartered has been in talks recently to resolve the remaining probes through a joint settlement, the sources said. Authorities have discussed additional fines similar to the previous settlement, but have not yet agreed on a specific number with the bank, these people said.

The bank's finance director said earlier this week it was aiming for a final settlement by the end of the year. ?Negotiators are hammering out the final language of that settlement, the sources said.

Some sticking points remain, including whether the bank will be subject to separate monitoring requirements from the New York Federal Reserve in addition to those it already agreed to with the state banking regulator and what the exact terms of any such review would be, one person said.

Representatives of the bank and the US authorities concerned either declined to comment or did not immediately respond to a request for comment.

STRIPPED TRANSFERS

In reaching the earlier settlement, New York banking superintendent Benjamin Lawsky based his case on accusations the bank systematically stripped information from $250 billion worth of wire transfers linked to Iran.

The stripping helped disguise the identity of the parties.

Traditionally, federal authorities have only based their settlements on the amount of transfers that directly breached sanctions, not necessarily on transfers that just involved the doctoring of information to disguise the parties.

The size of the penalty under discussion is surprising to some because the other agencies appeared to initially be looking at a smaller dollar amount. Federal officials said in the past ?the actual sanctions-busting transactions in the Standard Chartered case were closer to $20 million, which potentially signaled a much smaller case.

It is unclear which charges the authorities might be using to arrive at a larger figure, but state prosecutors at the New York District Attorney's office may have more leeway than the ?Department of Justice and the Treasury Department to levy tougher penalties, two people familiar with the matter said.

Lawsky's order also hinted at potential issues involving sanctioned countries other than Iran, including Libya, Myanmar and Sudan. Such additional misconduct could be part of a larger settlement.

The offices of several key negotiators, including the Manhattan District Attorney and the New York Fed, have been plagued with power and other issues in the aftermath of Hurricane Sandy, which could delay any final resolution by a few weeks.

In arriving at his settlement, Lawsky ignored the entreaties of federal regulators to drop his own action in favor of a single, global settlement.

Tensions between regulators appear to be continuing, including disagreements over whether to coordinate monitoring requirements by the New York Fed and the New York Department of Financial Services, the sources added.?

8.03K
 
...
...
...
主站蜘蛛池模板: 国产三级网站在线观看 | 亚洲精品一区二区综合 | 亚洲女精品一区二区三区 | 欧洲亚洲综合一区二区三区 | 亚洲成人精品久久 | 国产 一二三四五六 | 亚洲国产小视频 | 亚洲香蕉久久一区二区三区四区 | 亚洲国产日韩欧美在线 | 思99re久久这里只有精品首页 | 亚洲成人自拍网 | 国产美女精品一区二区三区 | 香港全黄一级毛片在线播放 | 国产欧美一区二区三区视频在线观看 | 91欧洲在线视精品在亚洲 | 乱子伦农村xxxx | 亚洲精品资源网在线观看 | 国产精品免费观看视频 | 真人一级毛片国产 | 欧美日本一区二区三区 | 神马午夜-午夜片 | 国产精品毛片天天看片 | 日日狠狠久久偷偷四色综合免费 | 成人a毛片手机免费播放 | 亚洲国产人成中文幕一级二级 | 中文在线最新版天堂 | 国产乱淫视频 | 国产美女一区二区在线观看 | 日本精品99| 国产高清精品久久久久久久 | 亚洲成人黄色在线 | 国产日本欧美在线观看 | 99精品视频在线观看 | 久久久久久久性高清毛片 | 亚洲综合精品一区二区三区中文 | 欧美成人亚洲国产精品 | 国产精品无码久久综合网 | 国产午夜爽爽窝窝在线观看 | 亚洲高清毛片 | 97免费视频在线 | 成人在线不卡视频 |