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Weekly Roundup: White House Warns SWIFT, Danske Bank Executives Ignored Suspicious Mirror Trades, and More

U.S. officials plan to exempt eight countries from American prohibitions on Iranian oil imports set to take effect Monday, but warned the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, to disconnect Iran from its payment messaging platform, Bloomberg reported. More Danske Bank executives continued to endorse "mirror trading" years after an internal memo outlined how Russian clients had used the method to move billions of dollars in suspicious funds through the lender's Estonian branch, the Financial Times reported. More The Danish lender will train staff to alert management promptly to any potential problems as part of a campaign to reform its compliance...

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