Notice

Penalty Notice: 20 March 2025

OFSI publishes a penalty notice regarding a breach of financial sanctions regulations.

From:
Office of Financial Sanctions Implementation
Published
20 March 2025

Documents

20.03.2025 Report of Penalty for Breach of Financial Sanctions

PDF, 93.9 KB, 7 pages

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Details

OFSI imposes a monetary penalty of £465,000 on the UK registered Herbert Smith Freehills CIS LLP Moscow (“HSF Moscow”) in accordance with section 146 of the Policing and Crime Act (“PACA”) 2017. The penalty concerns breaches by HSF Moscow of regulation 12 of the Russia (Sanctions) (EU Exit) Regulations 2019 (the “Russia Regulations”).

Updates to this page

Published 20 March 2025

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