An investigation into money-laundering at Swedbank has found 586 transactions totalling $4.8m that may constitute violations of US Ukraine/Russia sanctions. The investigation considered USD denominated transactions conducted by Swedbank subsidiaries in Estonia, Latvia and Lithuania from March 2014 to March 2019. It found that over 500 of the potential breaches were salary payments and transactions relating to a vessel whose …
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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...
Russia
Estonia
Lithuania
United States