The challenge

Access to the financial system helps transform lives around the world, helping to reduce poverty and spur economic development. But the financial system is also used by those involved in some of today’s most damaging crimes – from human trafficking to terrorism, corruption and the drug trade.

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The scale of the challenge around the world today:

At Standard Chartered, it’s our commitment to become a leader in the fight against financial crime.

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At Standard Chartered, it’s our commitment to become a leader in the fight against financial crime.

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At Standard Chartered, it’s our commitment to become a leader in the fight against financial crime.

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At Standard Chartered, it’s our commitment to become a leader in the fight against financial crime.

Our commitment

“Built on a global footprint, Standard Chartered has become a linchpin of growth in emerging markets, promoting financial inclusion and global trade. This puts us at the front line of fighting financial crime. Building and maintaining robust defences is a necessary part of being in business and, as a gatekeeper to the financial system, it’s our responsibility to make sure we are playing our part.”

Bill Winters | Group Chief Executive

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Our role in global markets

With a deep presence in Asia, Africa and the Middle East, we play a critical role in the development of some of the world’s most dynamic economies. We’ve operated for over 150 years in some of today’s fastest-growing markets and have a footprint spanning 67 countries across the globe.

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Our response

We’re putting our efforts into four areas:

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Engaging our people Strengthening our conduct so that each and every one of us sees financial crime controls as a core part of the day job

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The right controls Ensuring our compliance systems match the risks inherent in the markets in which we operate

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Helping to raise industry standards Working hand-in-hand with regional client banks across the world to improve practices

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Forging new partnerships Taking the lead on establishing new collaborative models to tackle financial crime

The conversation

Here are some recent contributions to the global conversation about fighting financial crime.

The UK’s Financial Stability Board says ‘Stricter bank supervision needed in developing nations’, Financial Times
David Fein, Standard Chartered Group General Counsel on ‘How to beat the money launderers
Our perspective on ‘Managing risk in emerging markets’ from our Beyond Borders blog
Mathew Friedman, CEO, The Mekong Club on ‘Fighting Human Slavery: Why the Private Sector Should Care’ in a blog post for the UNDP