UK Doubles Maximum Fines for Sanctions Violations Targeting Russian Shadow Finance

The United Kingdom has announced stricter measures against shadow financial networks that help Russia bypass sanctions, doubling the maximum penalties for violations.

1 Sept, 15:27 — 1 Sept, 15:27

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ukrinformMixed1d ago

UK doubles maximum fine for sanctions violations

On Monday, the United Kingdom announced tougher measures targeting shadow financial systems that enable Russia to circumvent sanctions, doubling fines for sanctions violations.

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UK Doubles Maximum Fines for Sanctions Violations Targeting Russian Shadow Finance

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UK doubles maximum fine for sanctions violations

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