In July 2018, US regulators gave Standard Chartered a further 5-month extension to its US Deferred Prosecution Agreement (DPA), and the bank said it would continue to cooperate with the US sanctions investigation into whether the bank had processed US dollar transactions for Iranian entities after the DPA was signed in 2012.
Standard Chartered is now responding to preliminary findings against it from US regulators and negotiating over a possible $1.5 billion fine.
Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. The legal directories say she is the...See profile for Maya Lester QC >