UK OFSI imposes Deutsche Bank penalty of £165,000 for Russian sanctions breaches under new settlement process

20 May 2026

UK OFSI imposes Deutsche Bank penalty of £165,000 for Russian sanctions breaches under new settlement processMistervlad/Shutterstock.com

OFSI has imposed a monetary penalty of £165,000 on Deutsche Bank AG London Branch. All UK monetary penalties are on the enforcement section of the site. The Bank breached reg 12 of the Russia...

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Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. She is the…

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