Standard Chartered extends sanctions compliance deal with U.S. authorities

By Reuters | Dec 10, 2014 02:45 AM EST

Standard Chartered has agreed to extend deferred prosecution agreements (DPAs) with U.S. authorities over its sanctions compliance program, it said on Wednesday.

The deal with the U.S. Department of Justice and New York County District Attorney's office will see the DPA originally agreed in December 2012 extended for three years to Dec. 10, 2017, the bank said in a statement.

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