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INSIGHT: Credit Suisse’s patchy compliance reputation leads US lawmakers to probe whether it is properly enforcing Russia sanctions

By AML Intelligence Correspondents

CREDIT Suisse’s chequered compliance history has nudged US lawmakers to request enhanced details of its handling of sanctions against Russian oligarchs.

The move comes just weeks after it was revealed the bank’s reputation took another battering when it was revealed it asked investors to destroy documents related to its wealthiest clients’ assets.

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