Daiwa Capital Markets pays $ 250B M to settle allegations of money laundering for Iran . London regulators accused the Iran -based group of concealing 60,000 transactions with Iran . Standard Chartered is accused of helping Iran avoid sanctions by concealing $ 250B of transactions . The group refuted the charges , saying 99.9 % of transactions complied with regulations .
Standard Chartered pays $ 340M to settle allegations of money laundering for Iran . U.S. regulators accused the London-based group of concealing 60,000 transactions with Iran . Standard Chartered is accused of helping Iran avoid sanctions by concealing $ 250B of transactions . The group refuted the charges , saying 99.9 % of transactions complied with regulations .