The bank added in October that its own review turned up violations of its internal policies and deficiencies in controls. 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. The fine is not related to any wrongdoing on behalf of the bank, but rather relates to "failure to comply with legal requirements", said the Financial Times report.
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. The fine is not related to any wrongdoing on behalf of the bank, but rather relates to "failure to comply with legal requirements", said the Financial Times report.