russia-sanctions
23 December 2024
OFSI issues first monetary penalty for breach of sanctions imposed on Russia in response to its invasion of Ukraine
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Ryan Junck, Jonathan Benson, Jason Williamson, Karolina Kopczynska-Grobelny, Jack Zaher– Skadden, Arps, Slate, Meagher & Flom LLP On 27 September 2024, the UK’s financial sanctions regulator, the Office of Financial Sanctions Implementation (‘OFSI’), announced that it had issued its first monetary penalty for a breach…
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