LONDON, Aug 7 (Reuters) - Standard Chartered STAN.L strongly rejected the portrayal of its handling of Iran-related transactions by New York's top bank regulator, which branded the British bank a "rogue institution".

The New York State Department of Financial Services (DFS) has threatened to strip Standard Chartered of its state banking license, saying the British bank hid $250 billion in transactions tied to Iran, in violation of U.S. law.

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"The group strongly rejects the position or the portrayal of facts as set out in the order issued by the DFS," Standard Chartered said in a statement on Tuesday, adding that it does "not believe the order issued by the DFS presents a full and accurate picture of the facts."

(Reporting by Rhys Jones; editing by Paul Sandle)

((r.jones@thomsonreuters.com; 44 (20) 7 542 4166; Reuters Messaging: rhysl.jones.thomsonreuters.com@reuters.net))

Keywords: STANDARDCHARTERED/