New York regulator to end supervision of Standard Chartered for compliance failings

LONDON (Reuters) - New York's Department of Financial Services (DFS) will end a period of monitoring of Standard Chartered on Dec. 31, the DFS said on Wednesday, bringing to a close one strand of the bank's punishment for past failings in compliance controls.Standard Chartered agreed to the supervision with the regulator in 2012 as part of a wider settlement with U.S. authorities in relation to the bank's dealings with Iran-related entities. The bank agreed an extension to that deal, which saw..