UK's Standard Chartered fined for sanction violation - Israel News, Ynetnews

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UK's Standard Chartered fined for sanction violation

Published: 12.10.12, 17:45 / Israel News

British Standard Chartered Bank will pay $327 million to US authorities for illegal transactions with Iran that violate the sanctions imposed by the United States.


This amount will be added to the heavy fine of $ 340 million already paid in August by the bank to the State of New York, for illegal transactions. (AFP)


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