Standard Chartered and the Release of Attorney Client Privileged Information

What are the consequences if you release attorney client privileged documents and information to one regulators or set of regulators. Will that information go to another regulator who may well release that information to the general public. That it what happened in the Standard Chartered affair with the New York state Department of Financial Services. Make sure you have a written agreement on how released documents can be used.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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