Akin Gump·SANCTIONS / EXPORT CONTROLS
UK OFSI fines Citibank London £4.73M for Russia sanctions breaches
OFSI imposed penalty on Citibank's UK branch for 970 transactions worth £19.7M violating UK financial sanctions through dealing with frozen funds and making funds available to a designated person between 2022-2025.
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Read the original firm alert → Saturday, September 5, 2026