The Financial Conduct Authority (FCA) has fined Standard Chartered Bank (Standard Chartered) £102,163,200 for Anti-Money Laundering (AML) breaches in two higher risk areas of its business. This is the second largest financial penalty for AML controls failings ever imposed by the FCA.
https://www.fca.org.uk/news/press-re...r-aml-controls
https://www.fca.org.uk/news/press-re...r-aml-controls