news topic: U.S. appeals court upholds ruling against Chinese banks in North Korea sanctions probe

Tuesday, 30 July 2019

U.S. appeals court upholds ruling against Chinese banks in North Korea sanctions probe

A U.S. appeals court said on Tuesday it had upheld a ruling by a U.S. judge who held three large Chinese banks in contempt for refusing to comply with subpoenas in a probe into violations of sanctions on North Korea, opening the way for heavy daily fines.