Dubai regulatory review finds glaring gaps in StanChart PB’s KYC records

The findings of a 2017 Dubai regulatory review have been leaked, leading to more reports of Standard Chartered Private Bank’s run-ins with regulators across the globe who are concerned about gaps in the lender’s KYC database, its anti-money laundering (AML) efforts, as well as suspicious transfers. Sources recently told Bloomberg on the condition of anonymity that in 2017, the Dubai Financial…

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