Midweek Roundup: Russia Evades Sanctions Through Gold, Singaporean Bank Linked to Money Laundering Scandal, and More

The U.K. National Crime Agency warned banks and other companies that Russia is increasingly using the gold trade to evade Western financial and commercial embargos, ACAMS reported. More and More U.K. officials also blacklisted two major miners and a bullion trader involved in routing gold revenues to Russia, Bloomberg reported. More and More The chief executive of Singapore-based DBS Bank said the lender provided tens of millions of dollars of financing to individuals now accused of involvement in a $2 billion money-laundering scandal, Bloomberg reported. More The U.S. Commerce Department's Bureau of Industry and Security and Treasury Department's Financial...