American bank fined several million dollars for violating Russian sanctions

report Mehr News Agency, according to the Wall Street Journal, the Foreign Assets Control Office of the US Treasury Department fined State Street Bank $7.5 million for violating the country’s sanctions against Russia. did.

According to the statement of the Office of Foreign Assets Control of the US Department of Treasury, the said bank and its subsidiary “Charles River Development” by paying this fine in order to compensate for the violation Sanctions of Russia and Ukraine have agreed.

The company, which is a financial technology company, reportedly changed the date and reissued invoices related to two Russian banks subject to US sanctions. given.

According to the announcement of the Foreign Assets Control Office of the US Treasury Department, 38 cases of violations have been committed by this company.