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Midweek Roundup: Russian Banks Venture Abroad, US Seizes Maduro Jet, and More

Russian financial institutions are opening branches and subsidiaries in other countries as part of a campaign to evade sanctions, U.S. officials warned. More U.S. authorities seized and flew a $13 million luxury jet used by Venezuela President Nicolas from the Dominican Republic to Florida after finding that the beneficial owner used a shell company to circumvent sanctions and export controls when acquiring the plane, The New York Times reported. More and More U.K. regulators are preparing rules that will require banks and payment companies to reimburse fraud victims up to £85,000, far less than the previously planned maximum of £415,000,...

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