Bloomberg: US investigates money laundering at Deutsche Bank in Moscow

The US authorities are investigating transactions that Deutsche Bank conducted on behalf of Russian clients, the agency said Bloomberg with reference to sources familiar with the situation.

According to the agency's interlocutors, we are talking about an investigation by the US Department of Justice, which has not been previously reported. The agency was interested in suspicious transactions “worth billions of dollars” that were carried out during this year. It is clarified that the so-called mirror transactions “could allow Russian clients to move funds out of the country without proper notification to the authorities.”

As noted by Bloomberg, the new investigation was the third in the number of US criminal investigations against Deutsche Bank, including questions about violations of laws on US sanctions and falsification of foreign currency rates.

Earlier, the agency reported that the volume of doubtful transactions through the Moscow office of Deutsche Bank could be about six billion dollars from 2011 to 2015 years.

At the end of May, an official representative of the bank Anke File reported that Deutsche Bank has information on possible money laundering through his Moscow office and conducts an internal investigation into this fact. The Moscow office of Deutsche Bank then suspended several employees from work due to an investigation of over-the-counter transactions with signs of money laundering.

A Bloomberg source pointed out that the American regulator checks whether the employees of the Moscow office of the bank could conduct operations that helped Russian clients bypass economic sanctions. As part of the investigation, the agency requested from Deutsche Bank a complete list of the employees participating in the interested transactions and data about the counterparties.

Earlier, the British Office for Control over the Activities of Financial Organizations began a check on a possible violation by Deutsche Bank of laws on countering money laundering while working with clients in Moscow. This became known a few days after the investigation began American regulators.