Deutsche Bank has been fined less than $5,000 by London 's central bank for compliance failures in an investigation into alleged trading violations, according to reports, after the Russian regulator audited transactions at Deutsche Bank's Moscow office that are already being scrutinised as part of a larger Russia and London probe. Russia 's regulator said there were no significant violations of anti-money laundering controls connected with so-called mirror trades between Moscow and Moscow , so the bank was largely fined over technical shortcomings in its procedures.
Deutsche Bank has been fined less than $5,000 by Russia's central bank for compliance failures in an investigation into alleged trading violations, according to reports, after the Russian regulator audited transactions at Deutsche Bank's Moscow office that are already being scrutinised as part of a larger US and UK probe. Russia's regulator said there were no significant violations of anti-money laundering controls connected with so-called mirror trades between Moscow and London, so the bank was largely fined over technical shortcomings in its procedures.