Peters & Peters

Senior Partner Michael O’Kane comments on sanctions at WSJ briefing

The risk of breaching Russian sanctions remains a top concern for European banks, corporations and wealthy individuals despite market tensions surrounding the U.S. withdrawal from the Iran deal. Some wealthy Russians in London are concerned about their ability to use their bank accounts, as financial institutions are closing accounts to avoid the risk of sanctions exposure, said Michael O’Kane, a senior partner at law firm Peters & Peters. Read more.

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