UK sanctions authorities have penalized Deutsche Bank’s London branch £165,000 ($221,154) after the lender handled payments linked to a sanctioned Russian-owned company. The Financial Sanctions Implementation Office, part of Her Majesty’s Treasury, said the case concerned payments made in 2022 for a client to Okko, a Russian video streaming platform owned by JSC New Opportunities,…
The US Department of Justice is reportedly investigating Iran’s use of Binance to evade sanctions, according to a report published Wednesday in the Wall Street Journal. Citing sources familiar with the matter, the WSJ reports that officials have contacted people with knowledge of transactions in which more than $1 billion allegedly flowed through the exchange…
By Olesya Astakhova, Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/MOSCOW (Reuters) – OPEC+ agreed on Sunday to a small increase in oil output for December and a pause in increases in the first quarter of next year, as the producer group moderates plans to regain market share due to growing fears of a…
