HSBC and Standard Chartered Under Scrutiny in Complex Iran Money Laundering Case

A US federal judge has ordered HSBC and Standard Chartered, two of Britain’s largest multinational banks, to submit records for inspection over allegations of processing payments tied to a multimillion-pound money laundering scheme for Iran. The accusations, detailed in court documents filed in the Southern District of New York, claim the banks unwittingly facilitated transactions […] The post HSBC and Standard Chartered Under Scrutiny in Complex Iran Money Laundering Case appeared first on the deep dive.