Expropriating frozen funds would have long-ranging legal ramifications, experts warn The UK might not actually confiscate Russia’s immobilized assets despite political pledges to do so because such a step would violate the rule of law and lead to a litany of legal quandaries, according to sanctions experts cited by Politico in an article on Monday.
The penalty follows Deutsche Bank’s failure to address its money laundering control issues The US Federal Reserve said on Wednesday it has fined Germany’s Deutsche Bank and its US affiliates $186 million for failing to properly address money laundering control problems, previously flagged by the US regulator.
Economic relations between the two countries have been on upward curve, according to Dmitry Dogadkin Moscow has proposed to Doha a switch to the use of national currencies in trade settlements, Russian Ambassador to Qatar Dmitry Dogadkin has said, adding that the sides are already working on the idea.