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StanChart sets up financial crime committee after U.S. scrutiny extension

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Standard Chartered has set up a board committee responsible for financial crime compliance, a day after U.S. authorities extended monitoring of the bank by three years. Standard Chartered said on Wednesday its new Board Financial Crime Risk Committee (BFCRC) will be chaired by Simon Lowth, who has been a non-executive…

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Click here to read the full story: Reuters

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