On 31 August 2023 the UK’s Office of Financial Sanctions Implementation (OFSI) issued a “Disclosure” against Wise Payments Limited, a UK-registered company, regulated by the
Continue Reading No Breach Too Small: OFSI Reports First Breach of UK’s Russian Sanctions RegulationsThe UK’s sanctions monitor, the Office of Financial Sanctions Implementation (OFSI), has issued its biggest fine to date, imposing a total financial penalty of approximately