Midweek Roundup: Germany Mulls Russia Sanctions Rollback, HSBC Imposes Safety Box Rules, and More

Germany is prepared to ease sanctions against Russia within the year, provided that Moscow makes progress in its obligations under the Minsk Protocol, Der Spiegel said. Such a move would run counter to comments by German Chancellor Angela Merkel and other EU leaders who have promised to uphold existing sanctions until Russia has fully met the terms of the agreement. More European Court of Justice senior advisor Melchior Wathelet concluded in an opinion that sanctions against oil and gas producer Rosneft and other Russian businesses are legal and in line with the European Union's common security and defense policy, the...