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Defendant Standard Chartered Bank (“SCB”), by its undersigned and authorized representatives, hereby enters into this Amended Deferred Prosecution Agreement (the “Agreement”) with the United States Department of Justice, Criminal Division, Money Laundering and Asset Recovery Section, and the United States Attorney’s Office for the District of Columbia (collectively, the “Offices”).
On December 10, 2012, the Offices and SCB entered into a Deferred Prosecution Agreement for a term of two years with an attached Factual Statement [Dkt. Entry No. 2] (the “2012 DPA”). Along with the DPA, the Offices filed a criminal Information (the “2012 Information”) charging SCB with knowingly and willfully conspiring, in violation of Title 18, United States Code, Section 371, to violate the International Emergency Economic Powers Act, Title 50, United States Code, Section 1705, and regulations issued thereunder (“IEEPA”), for the time period from 2001 through 2007. [Dkt. Entry No. 1]
The United States subsequently obtained new information through an unrelated investigation relating to possible additional historical violations of U.S. sanctions laws and regulations by SCB, which took place after the time period specified in the Factual Statement incorporated into the 2012 DPA. On December 9, 2014, the parties amended the 2012 DPA extending its term for an additional three years to allow SCB additional time to demonstrate fulfilment of its obligations under the 2012 DPA and to allow the Offices additional time to investigate possible additional violations of the law [Dkt. Entry 8] (the “2014" Amendment”). The 2014 Amendment also required SCB to retain an independent compliance monitor. The parties entered into four subsequent amendments further extending the term of the 2012 DPA through
April 10, 2019. [Dkt. Entry Nos. 10-13]