OFSI Issues Monetary Penalty Linked to Russia's Invasion of Ukraine

 

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OFSI Issues Monetary Penalty Linked to Russia's Invasion of Ukraine

The Office of Financial Sanctions Implementation (OFSI) has issued a monetary penalty to Integral Concierge Services (ICSL) for breaches of the financial sanctions regime imposed on Russia in response to its illegal invasion of Ukraine in 2022.

As a result of these breaches, ICSL was given a penalty of £15,000. ICSL did not challenge the penalty and paid in full.

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