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Standard Chartered announces independent consultant term ended, business restrictions are no longer in effect

11 Jan 2020
Home > Press Releases > Standard Chartered announces independent consultant term ended, business restrictions are no longer in effect

London – Standard Chartered PLC announces that, as of 31 December 2019, the term of the Independent Consultant, appointed by the New York State Department of Financial Services (“NY DFS”) pursuant to the 21 November 2018 Second Supplemental Consent Order, terminated and the business restrictions previously imposed by the NY DFS (specifically, the prohibitions, obligations, and suspensions set forth in paragraphs 7, 8, and 9 of the19 August 2014 Consent Order) are no longer in effect.

For further information, please contact:

Mark Stride – Investor queries

mark.stride@sc.com

+44 (0)20 7885 8596

Shaun Gamble – Media queries

shaun.gamble@sc.com

+44 (0)20 7885 5934

Standard Chartered

We are a leading international banking group, with a presence in 53 of the world’s most dynamic markets and serving clients in a further 64. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.

Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.

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