Latest News
- Disaster and Business Continuity
- Derivatives Operations +
-
Securities Operations
+
- Affirmation, Allocation & Confirmation
- Back Office
- Buy-Side
- Case Studies
- Clearing
- Corporate Actions
- Data Management
- FX Operations
- Hedge Fund Operations
- Industry News
- Mergers & Acquisitions
- Middle-Office
- Operational Risk
- Ops Automation
- Outsourcing
- Private Markets
- Reconciliation & Exceptions
- Risk Management
- Sell-Side
- Settlement
- T+1 Settlement
- Diversity & Human Interest +
- FinTech Trends +
- Opinion +
- Performance Measurement +
- Regulation & Compliance +
- Industry News +
- FTF Media & Content Channels +
- FTF Bull Run Blog
Standard Chartered Bank has settled foreign exchange trading rigging charges via the New York Department of Financial Services (DFS).
The New York Department of Financial Services (DFS) has fined Standard Chartered Bank $40 million for attempting, in the period between 2007 and 2013, to “rig transactions in foreign exchange [FX] markets.” Under the consent order with DFS (the last in a series of consent orders that, DFS says, “follow a detailed investigation of manipulation...
Already a subscriber? Login here