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Midweek Roundup: US Sanctions Enforcement Lags, HSBC Offloads Middle East Clients, and More

The U.S. Treasury Department lacks resources to ensure compliance with sanctions against Russia and find the backdoor channels that the country uses to transact internationally, The New York Times reported. More HSBC's affiliate in Switzerland decided to part ways with around 1,000 wealthy clients from the Middle East, Bloomberg reported. More Two unnamed sources told Reuters that the White House is considering imposing sanctions on the EU or certain officials in response to the Digital Services Act, a law that allegedly "censors Americans and imposes costs on U.S. tech companies." More Israeli military strikes on Al-Qard Al-Hassana, a Lebanese bank...

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