DEUTSCHE BANK ADMITS BREACH OF DPA AND HAS CURRENT COMPLIANCE MONITOR EXTENDED TO 2023

On 14 March, ACFCS reported that federal prosecutors have found Germany’s largest bank to be in violation of a 2021 multi-agency deferred prosecution agreement (DPA).  In the original January 2021 DPA, Deutsche Bank paid more than $120 million to resolve bribery, commodities trading and spoofing charges.

https://www.acfcs.org/deutsche-bank-admits-breach-of-2021-doj-dpa-tied-to-esg-reporting-failures-has-current-compliance-monitor-extended-to-2023/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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