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Weekly Roundup: Terror Bombing Victims Sue Standard Chartered, OCC Orders Texas Border Bank to Improve its AML, and More
printFamilies of the victims of the 1983 bombing in Lebanon that killed 241 U.S. Marines are suing Standard Chartered Bank for its alleged role in hiding Iranian assets, the Associated Press reported Wednesday. The plaintiffs are seeking $2.6 billion of Iran's assets, which were awarded to them in 2007 by a federal court in Washington, D.C. The lawsuit shortly follows the disclosure of a $340 million settlement between the bank and New York State over allegations that it violated Iran sanctions. More The U.S. Treasury Department's Office of the Comptroller of the Currency (OCC) disclosed a consent order Friday against...
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