OFSI imposes £390,000 fine on ADI for Russia sanctions breaches

30 March 2026

OFSI imposes £390,000 fine on ADI for Russia sanctions breachesSvet foto/Shutterstock.com

The UK Office of Financial Sanctions Implementation (OFSI) has fined Apple Distribution International Ltd (ADI) £390,000 for making funds available to an entity owned by a UK‑designated person under the Russia (Sanctions) (EU Exit)...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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