The annual cost of compliance, such as upgrading power plants, would be $2.8 billion.
Mr. Brown, who pleaded guilty to conspiracy and fraud charges and wants to reduce a possible prison term, told jurors that he and Timothy Rigas lied about Adelphia's earnings, subscribers, upgrading and compliance with loan and bond terms.
A statement by Standard Chartered said, "In the more than five years since the events giving rise to today's settlements, the bank has completed a comprehensive review and upgrade of its compliance systems and procedures".
"In the more than five years since the events giving rise to today's settlements, the bank has completed a comprehensive review and upgrade of its compliance systems and procedures," the bank said.
In a statement following the fines, the bank said the US Treasury Department's Office of Foreign Assets Control OFACC) found that only $133m worth of transactions were found to be in violation of sanctions laws between 2001 and 2007, and that the bank had now carried out a "comprehensive review and upgrade" of its compliance systems and procedures since then.
To ensure compliance with future discharge requirements, upgrading of existing wastewater-treatment facilities and implementation of new technologies is envisaged as the next step in improvement of wastewater treatment.
Schering-Plough said that its drug production and shipments would be hurt by the "temporary interruption of some production lines to install system upgrades and further enhance compliance, and other technical production and equipment qualification issues".
Big investment banks, with the resources to upgrade their technology and compliance, could stand to gain.
The United States ambassador to Korea, Thomas Hubbard, informed the Construction and Transport Ministry of the upgrade, which was based on compliance with regulations on safety and training.
The sewage plant, currently being upgraded, has been out of compliance with its state discharge permit for more than a year.
