Herbert Smith Freehills’ Expensive Breach of British Sanctions on Russian Banks
Herbert Smith Freehills (HSF) has been fined £465,000 by the UK government for sanctions breaches related to Russia, with payments made to banks the subject of asset freezes under British sanctions. The fine was imposed by the Office of Financial Sanctions Implementation (OFSI) after HSF’s former Moscow office made six payments totaling £3.9 million to […]
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