Russia (Sanctions) (EU Exit) Regulations 2019

Neoclassical stone carvings and sculptures decorate the main entrance of the HM Treasury building at 1 Horse Guards Road in the historic Whitehall district of the city

OFSI’s largest Russian sanctions penalty: Takeaways and practical tips

Penalties may be imposed without showing that the person or company knew, or had reasonable cause to suspect, they were in breach.

Mark Beardsworth, Signature Litigation; Duncan Grieve, Signature Litigation

Oct 6, 2026

Montage of a wooden mannequin holding a US $100 dollar bill.

Fintech wrap: Digital ID rollout concerns and fourth EU-UK Financial Regulatory Forum

The latest stories in fintech.

Carmen Cracknell

Oct 7, 2025

A view of the tower of the Kremlin and skyscrapers May 21, 2024 in Moscow, Russia.

Herbert Smith Freehills hit with £465k fine for breaching Russian sanctions

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This case is one of the first in a pipeline of OFSI enforcement actions related to the Russian invasion.

Mar 27, 2025

The sign outside The Royal Courts of Justice, commonly called the Law Courts, is a court building in London which houses both the High Court and Court of Appeal of England and Wales

Does the Russian state “control” companies within its territory?

Questions considered by the English Court of Appeal could have a significant impact on sanctions compliance.

David Harris, Norton Rose Fulbright; Nathan Condoleon, Norton Rose Fulbright; Madeleine Parker, Norton Rose Fulbright

Oct 24, 2023

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