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Record UK sanctions fine ushers in more aggressive era

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Published on: 03 April 2020
Published by a Law360 reporter

Article summary

Law360, London: Britain's fledgling sanctions watchdog, the Office of Financial Sanctions Implementations (OFSI), took a big swing with its £20.5m fine on Standard Chartered PLC over loans that violated Ukraine sanctions, its most aggressive move yet that could usher in a new era of US-style enforcement in the UK.

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United Kingdom

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