Reportedly the regulator is alarmed by the controversial case of oil pipeline monopoly Transneft being awarded RUB67bn (€1bn) compensation on loss incurred from currency hedging operations with Russia's largest lender Sberbank a result of ruble devaluation in 2015. In the meantime Sberbank is trying to find a compromise with Transneft. Sberbank has proposed that Transneft drops its claim in their legal dispute over a derivatives deal in exchange for preferential terms for the bank's products and services, a draft out-of-court settlement put together by the bank said, reports Interfax. Transneft lost RUB67bn ($1.1bn) rubles in a derivatives deal with Sberbank earlier this year in a bad currency bet, but managed to have its obligation to pay annulled by the courts. The court ruled that the RUB67bn was an "excess profit" for Sberbank, which ought to be compensated, as the company had no means to evaluate the possible outcomes of the deal.