Military Review

"Dollar transactions helped": the US Treasury punished Deutsche Bank's "daughter" for non-compliance with Crimean sanctions

33

The Office of Foreign Assets Control (OFAC) and Deutsche Bank Americas Trust Company (DBTCA), a subsidiary of Deutsche Bank, have entered into a settlement agreement. It says about the agreement of the financial structure to make two payments totaling 583,1 thousand dollars.


This was reported on the official website of the US Treasury.

The American monitoring organization has convicted DBTCA of "a clear violation of the Crimea-related sanctions." She fined a structure subordinate to a German bank $ 157,5 thousand for processing a large payment related to a series of purchases of fuel oil through the United States, in which there was a property interest in a company from Cyprus, which was under US sanctions. OFAC believes that the financial institution could have verified the participants in the transaction, but did not take advantage of this opportunity. The rest of the fine was assessed for other violations.

Deutsche Bank Americas was hit by the Cypriot oil trader IPP Oil Products (Cyprus) Limited, which was blacklisted in the US in July 2015. A week later, the trust company makes a payment of $ 29 million for a series of fuel oil deliveries, in which the commercial interest of the sanctioned enterprise was also present. The payment was made in the interests of a company from the Krasnodar Territory, which, as stated, is engaged in trade transactions in Crimea.

In the US, they make it clear that it was not easy to catch the "sanctions activity", since several companies with trade relations operate in the chain at once, including in offshore zones. But "dollar transactions did allow it."
Photos used:
https://twitter.com/DBCorporateBank
33 comments
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  1. Orkraider
    Orkraider 10 September 2020 16: 29 New
    17
    Don't dig a hole for another .... soon a huge number of transactions will be in yuan and euro. And then, tracking will be difficult, and CIPS will move SWIFT, and it will be more difficult for the hegemon to print a piece of paper.
    1. Borik
      Borik 10 September 2020 16: 34 New
      17
      This is how the minke whales have nothing to produce and replenish their budget.
      1. Orkraider
        Orkraider 10 September 2020 16: 38 New
        +7
        Do I need to learn this, that is the question. It seems to me that no. The Russian world has never been a robber, and this must be preserved
        1. Lipchanin
          Lipchanin 10 September 2020 16: 46 New
          +2
          Quote: Orkraider
          It seems to me that no. The Russian world has never been a robber, and this must be preserved

          Here is the "Russian" minus and fast I am waiting for myself
        2. Rubi0
          Rubi0 10 September 2020 17: 22 New
          -2
          yes, you'd better work in Siberia at minus 40, especially where there is robbery, invented the SWIFT technology and use it as you want.
          1. Orkraider
            Orkraider 10 September 2020 22: 16 New
            +1
            Sibur? Where exactly?
            The colleague is almost. Now NTETs2, Polar Division. And minus 40 in Yuzhno-Uralsk with their winds is not sweet ..
      2. Arthur73
        Arthur73 10 September 2020 16: 40 New
        +4
        And these people call themselves businessmen? Or are they more like ordinary gopniks!
        1. Terenin
          Terenin 10 September 2020 17: 21 New
          +5
          Quote: Arthur73
          And these people call themselves businessmen? Or are they more like ordinary gopniks!

          And, in this status - gopniks is nothing new, no the mechanisms of such a successful life have long been established by them due to an aggressive foreign policy and the use of the status of an emissary of the dollar (issuing a new money supply) and new loans. Otherwise, creditors will tear them apart, and the debt continues to grow.
      3. Clear
        Clear 10 September 2020 16: 54 New
        +1
        Quote: Borik
        This is how the minke whales have nothing to produce and replenish their budget.

        Well, what a shameless extortionist this minke.
    2. Clear
      Clear 10 September 2020 16: 48 New
      +6
      But "dollar transactions still allowed it."

      Is it still necessary to talk about the need for financial independence of Russia, which is the sixth largest economy in the world in terms of GDP (calculated at purchasing power parity) and the largest country in the world in terms of reserves of raw materials?
      1. evgen1221
        evgen1221 10 September 2020 17: 14 New
        +1
        And in what places did the population have this purchasing power and even 6 in the world saw ??? I'm sorry, but in the provinces people are already sewing cowards for themselves, because it is expensive and money is needed for a communal apartment with food.
        1. Rubi0
          Rubi0 10 September 2020 17: 23 New
          0
          The main thing is that you still sit on the stove, wait for sociolism and then everything will be fine =))
        2. Clear
          Clear 10 September 2020 17: 41 New
          +6
          Quote: evgen1221
          And in what places did the population have this purchasing power and even 6 in the world saw ??? I'm sorry, but in the provinces people are already sewing cowards for themselves, because it is expensive and money is needed for a communal apartment with food.

          Eugene, well, this is not a square (cowards, grub), but an analytical forum.

          If interested, then read ...

          GDP is how much all the people of the country have earned together.

          For example: we take (figuratively) 2 states with 2 people living in them ...

          Our population -

          1 Parkmaker (service seller).

          2 Manufacturer-trader. (produces scissors, lamps and everything for a hairdresser)

          And so in our (fucking winked ) states have 2 people

          In 1 year, in both states, they came to the hairdresser 12 times, but in the states this service costs differently.

          The cost of this service (everyone knows the dollar ruble exchange rate)

          State # 1 - 10 Dollars

          State number 2 - 10 rubles

          The first person has a salary of 120 dollars per year, 2 120 rubles a year (the difference is 70 times

          The manufacturer also produced a light bulb and scissors and sold these products to a hairdresser 2 times a year (so that he crying ).

          Scissors cost (2 pcs)

          State # 1 - 50 Dollars

          State number 2 - 50 rubles

          Cost of bulbs (2pcs)

          State # 1 - 10 Dollars

          State number 2 - 10 rubles

          It turns out that in both the first and second states, the Manufacturer received from the hairdresser the same 120 rubles or dollars for his goods, which he himself spent on fashionable haircuts all year round.

          The economy has closed ...

          According to our states, the GDP of the states for the year turned out to be 240 both there and there (120 paid to the hairdresser and 120 received by the manufacturer from the sale to the hairdresser by the merchant), but in the first state it is dollars, and in the second it is rubles.

          This means GDP (do not forget that we have agreed to count everything in US dollars)

          Country # 1 - 240 USD

          Country number 2 - 4 dollars (240 rubles)

          Country # 1 has 60 times GDP

          Country # 1 seems to be very rich, with a GDP of $ 240. And Country number 2 is very poor, because they seem to have the same numbers 240, but these are pitiful rubles ... (It's a joke, of course, dear state officials :))))

          And if we look at the PPP, then the citizens of these countries received 12 haircuts, 2 scissors and 2 bulbs.

          This is where justice comes in ...

          If they received the same goods and services for a year, then their PPP GDP is equal !!!

          To understand how much is equated in dollars ...

          So it turns out that the GDP at PPP for BOTH !!! countries

          Country # 1 - 240 USD

          Country # 2 - 240 USD

          And if per capita, then, accordingly, we divide by 2 we get $ 120 per person ...

          That is, in both States, people received the same amount of goods + services themselves (GDP at PPP)

          And the same amount of goods + services per person (GDP PPP per capita)


          And for real economies, where people not only cut their hair, everything is the same, but on a large and complex scale.

          Taxes begin to come here (after all, taxes are the same person's profit, which was simply taken by the state), farmers (people who feed), Builders, Oilmen, etc. appear.

          The State apparatus itself can be considered not involved in the formation of GDP (Depends on the methods of calculating GDP), they rather "take away" it in the form of Taxes and redistribute it for the construction of, for example, roads and infrastructure (already involved in GDP) or for salaries of state employees, for example, the police.

          But if we take Russia, then the State is very clearly involved in the GDP, since all Oil Companies, Gas and Banks have controlling stakes in the hands of the state, and therefore the state controls them and creates GDP at the expense of them.
          1. Polite Moose
            Polite Moose 11 September 2020 09: 34 New
            0
            Quote: Clear
            It turns out that in both the first and second states, the Manufacturer received from the hairdresser the same 120 rubles or dollars for his goods, which he himself spent on fashionable haircuts all year round.

            The economy has closed ...

            A great example !!! good
            But the most interesting thing will start when a citizen of country # 1 arrives with his money in country # 2. And it will be even more interesting when a citizen of country # 2 arrives ... But he will not come anywhere. He only has money for domestic-made scissors or for a haircut at home. hi laughing
        3. Maikcg
          Maikcg 10 September 2020 19: 51 New
          -2
          Yeah, and also a crisis, covidla, after which 880 new cars have already been sold this year (used ones under a different heading), and Nerezinovaya with the entire region and the Criminal Capital account for only a third, the rest is a poor province. What did this fool PeZhe bring the country (s)
        4. CSKA
          CSKA 11 September 2020 11: 23 New
          0
          Quote: evgen1221
          And in what places did you see this purchasing power of the population and even 6 in the world ???

          Before you write nonsense, at least read what the PPP GDP is an unfinished economist.
      2. Oleg83
        Oleg83 10 September 2020 17: 22 New
        +2
        Quote: Clear
        But "dollar transactions still allowed it."

        Is it still necessary to talk about the need for financial independence of Russia, which is the sixth largest economy in the world in terms of GDP (calculated at purchasing power parity) and the largest country in the world in terms of reserves of raw materials?

        PPP GDP was invented for poor countries so that they do not seem so poor. For example, according to PPP, an African village may be higher than a Swiss one, but when you need to buy a TV, the entire African village will not have enough money for it.
        1. CSKA
          CSKA 11 September 2020 12: 01 New
          0
          Quote: oleg83
          PPP GDP was invented for poor countries so that they do not seem so poor. For example, according to PPP, an African village may be higher than a Swiss one, but when you need to buy a TV, the entire African village will not have enough money for it.

          Just straight enchanting nonsense. At least read how PPP GDP is calculated.
    3. Nikolay1987
      Nikolay1987 10 September 2020 17: 23 New
      0
      soon a huge number of transactions will be in yuan and euro. And after that, tracking will be difficult, and CIPS will move SWIFT, and it will be more difficult for the hegemon to print a piece of paper.

      Painfully, they have been threatening to do it all for a long time, but things are still there.
      1. Orkraider
        Orkraider 10 September 2020 22: 44 New
        +2
        Quote: Nikolay1987
        soon a huge number of transactions will be in yuan and euro. And after that, tracking will be difficult, and CIPS will move SWIFT, and it will be more difficult for the hegemon to print a piece of paper.

        Painfully, they have been threatening to do it all for a long time, but things are still there.

        The point is not to threaten, but to build a new parallel system, and the interest of business in it. And this is a really long way.
        China has built its own, we have created it, in Europe they talk about the European independent SWIFT, but it will start working as soon as the Hegemon begins to strain and nightmare European and Asian businessmen.
        And then, the disadvantage of the CIPS system (yuan, not dollars) will become an advantage. I would bet on 7-8 years, I think after this period there will be several systems and the Americans will partially lose control over this instrument
  2. tihonmarine
    tihonmarine 10 September 2020 16: 34 New
    +1
    The states will never forgive anyone for their failure in Crimea.
    1. Ross xnumx
      Ross xnumx 10 September 2020 17: 00 New
      +5
      Quote: tihonmarine
      The states will never forgive anyone for their failure in Crimea.

      What does the United States have to do with Crimea after 1945? belay
      It was we who slammed the collapse of the USSR, which could oppose something to America.
      Today the United States has its own system of pressure on the economy of any country. Russia, so far, has its own system of long-term plans and some kind of breakthroughs.
      The only good news is that the states cannot make us "very painful" ... Probably, they are simply afraid to do it. But economic nasty things and financial intrigues are so far presented not only to Russia, but also to those who even try to smile at her.
      1. evgen1221
        evgen1221 10 September 2020 17: 17 New
        -3
        Yes, they can hurt, but the thieves from power will immediately sweep away our merciless one, and where will they again recruit new ones, because immediately there will be communism in the country!
  3. Gennady Fomkin
    Gennady Fomkin 10 September 2020 16: 39 New
    11
    Of course, I am not very versed in the world economy.

    But it seems to me that the USA is no longer just sawing the branch on which they sit, but chopping it while standing on it.

    The insanity of their "philanthropists" has already passed all stages, reaching the last - it is time to forcibly hospitalize them.
    1. zwlad
      zwlad 10 September 2020 16: 47 New
      +3
      They don't care at all. They have half of the world occupied. Who will vyaknet that?
      1. rocket757
        rocket757 10 September 2020 16: 52 New
        +4
        Quote: zwlad
        They don't care at all. They have half of the world occupied. Who will vyaknet that?

        "occupation" is so, flowers! their berries are spent for everyone, and for most, it seems!
        Control over cash flows all over the world !!! This is a TOOL, worse than any weapon!
  4. APASUS
    APASUS 10 September 2020 17: 01 New
    +6
    That's right, everyone should be punished for trading with Russians. Only Americans can buy oil, gas, rocket engines, metals, fertilizers from the Russians ... etc.
  5. RealPilot
    RealPilot 10 September 2020 17: 56 New
    +2
    Drawing conclusions, gentlemen, drawing conclusions ... Changing currencies, looking for ways ...

    And the Americans shoot themselves in the foot, because the more those who draw conclusions, the faster the world will begin to do without their dollars!
  6. Crimean partisan 1974
    Crimean partisan 1974 10 September 2020 20: 14 New
    +1
    yeah ..... it is difficult for imbeciles to understand ........ Germans. Cyprus. Krasnodar. Crimea and fuel oil ..... and all this through striped ones ..... it's like coal from South Africa in 404 only from the mines of Donbass ,,,, .... and the amount "two payments totaling 583,1 thousands of dollars. " somehow funny. one armored merc costs one and a half lem
  7. tralflot1832
    tralflot1832 10 September 2020 20: 51 New
    0
    Was it impossible to make a deal in euros? lol
  8. skobars
    skobars 10 September 2020 22: 53 New
    +1
    When will the green waste paper collapse? The virus, fires, hurricanes at mattress mats, but only the ruble is falling.
    1. Vita vko
      Vita vko 10 September 2020 23: 02 New
      +1
      Quote: skobars
      When will the green waste paper collapse? The virus, fires, hurricanes at mattress mats, but only the ruble is falling.

      As long as everything is calm at American military bases in most countries of the world, until then the world economy will work in the interests of "green waste paper".
  9. 1536
    1536 11 September 2020 15: 48 New
    0
    And if we assume that the Germans will acquire the old imperial mentality, nationalize enterprises with American capital, expel American troops from their territory, unite with Russia, enlisting its support and protection from the American atomic bombings of Germany. Then, together we will introduce a new currency, build an industry of unprecedented development and innovation, provide our peoples with everything they need to be happy and we will protect all this from the Americans and the British, who have come to the point that quotas were drawn for shooting a film: how many of them should be in them ... Even the Bolsheviks did not allow themselves to do this. Many great films have been made under them. It was then they "shouted", but what would be like this ... No, although I do not like the Germans, but only together with them we can move the entire civilization forward. Otherwise, the armada of American barbarians (and I would not forget about the Chinese comrades) will swallow and destroy civilization, plunging humanity into the chaos of a primitive communal society.