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Deutsche Bank Resolves Bribery & Fraud Probes

January 15, 2021 by Eugene Grygo

Deutsche Bank Resolves Bribery & Fraud Probes

Deutsche Bank has signed a coordinated resolution with the SEC and the U.S. Department of Justice that for $130 million resolves investigations of a commodities fraud scheme and a conspiracy to cover payments to people who facilitated bribes of foreign officials. The agreement specifies that Deutsche Bank will pay more than $120 million in fines… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Clearing, Industry News, Operational Risk, Risk Management, Governance, Back-Office, Standards, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Derivatives, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: commodities, commodity risk management, Deutsche Bank, DPA DoJ, Foreign Corrupt Practices Act (FCPA), MLARS, SEC, SEC enforcement, U.S. Department of Justice

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