- A leak from inside fintech A7 reveals thousands of Russian payments, totaling $6.9bn, handled by Standard Chartered, Citigroup and other international groups.
- The payments are tied to a Kremlin-backed forgery scheme, placing sanctions-screening and AML compliance at global banks in focus for investors holding bank exposure.
Quotes
“FT finds thousands of Russian payments handled by Standard Chartered, Citigroup and other international groups in vast leak from inside fintech A7”