New York State Banking Department
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The Federal Reserve Board and the New York State Banking Department on Friday announced the execution of a Written Agreement by and among Standard Chartered plc, London, United Kingdom, its subsidiary bank, Standard Chartered Bank, London, United Kingdom, the bank's New York branch, the Federal Reserve Bank of New York, and the New York State Banking Department. The Written Agreement addresses Bank Secrecy Act and anti-money-laundering compliance at Standard Chartered Bank's New York branch, including policies and practices relating to the provision of correspondent banking services. A copy of the Written Agreement is attached. |