Insurer that was assigned Panamanian debt falls foul of US sanctions
The US Office of Foreign Assets Control fined the company for trading in blacklisted assets. (Credit: iStock.com/alfexe)
A “sophisticated” trade finance insurer that was assigned debt in the Panamanian liquidation of a suspected drug money launderer has been fined for violating US sanctions.
To read more
Subscribe to Global Restructuring Review
Subscribe & start reading now!
GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.
Upgrade now
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10