By Maya Lester KC & Michael O’Kane

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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IranIran SyriaSyria SudanSudan United StatesUnited States

About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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