UK OFSI reaches £4.7 million settlement with Citibank London branch for Russia and anti-corruption sanctions breaches

3 September 2026

UK OFSI reaches £4.7 million settlement with Citibank London branch for Russia and anti-corruption sanctions breachesMistervlad/Shutterstock.com

The UK’s Office of Financial Sanctions Implementation has reached a settlement with Citibank London Branch, fining it £4,732,830.58 for breaches of the UK’s Russia and anti-corruption sanctions regimes. Citibank London provides wholesale and correspondent...

Subscribe for full access Login
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…

More

Footer