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S&P to pay pay $78,750 to settle alleged violation of US sanctions against Russia
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fnlondon.comS&P Global agreed to settle allegations it violated US sanctions when it continued to extend credit to Rosneft after the Russian oil producer faced debt and equity restrictions beginning in 2014, the Treasury Department said on 1 April.
S&P, a New York-based provider of financial and business analytics, will pay $78,750 as part of the civil settlement with Treasury’s Office of Foreign Assets Control, which enforces US sanctions.
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