US fines Deutsche Bank $258m for sanctions violations

Deutsche Bank (DB) has been fined $258m for conducting transactions on behalf of Iran, Syria, Sudan, and certain designated entities in violation of US sanctions.  Of the total fine, $200m is owed to the New York State Department of Financial Services (NYDFS) and $58m to the Federal Reserve, and Deutsche Bank are also required to install an independent monitor in...

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About Maya Lester QC

Maya Lester QC

Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. The legal directories say she is the...

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