Last year regulators fined Standard Chartered £415m and reached deferred prosecution agreements with the bank to avoid further sanctions.
The settlements were with the office of foreign assets control, the Federal Reserve, the US department of justice and the New York department of financial services (DFS).
At the press conference questions were asked "concerning individual employee conduct and compensation" following the deferred prosecution agreements.
Peace had replied, when asked about bonuses for executives: "We had no wilful act to avoid sanctions; you know, mistakes are made – clerical errors – and we talked about last year a number of transactions which clearly were clerical errors or mistakes that were made."
In an unusual step, the bank was forced to issue a formal stock market announcement yesterday by US regulators.
The statement appeared to demonstrate the influence of the US regulators by containing American spellings "willful" and "apologize".
"To be clear, Standard Chartered Bank unequivocally acknowledges and accepts responsibility, on behalf of the bank and its employees, for past knowing and willful criminal conduct in violating US economic sanctions laws and regulations, and related New York criminal laws, as set out in the deferred prosecution agreement," Peace said.
"I, Mr Sands, Mr Meddings, and Standard Chartered Bank apologize for the statements I made to the contrary."
The bank would not elaborate on its statement or explain why it had been issued, other to than say that there had been "discussions" with US regulators.
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