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Deutsche Bank Reports Potential Breach of Russian Sanctions Deposit Rules to Supervisors
On April 17th, Deutsche Bank has notified its supervisory authorities of a possible breach of sanctions rules restricting deposits held by Russian individuals to less than 100,000 euros ($117,940), according to a person with knowledge of the matter. The potential compliance issue was disclosed to supervisors after concerns emerged that some deposits may have exceeded the threshold established under sanctions measures targeting Russian individuals. The possible breach came to
4 days ago2 min read
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