Herbert Smith Freehills Moscow fined UK£465,000 over payments in breach of Russia sanctions

The London, UK-registered Moscow office of law firm Herbert Smith Freehills has been ordered by the UK Office of Financial Sanctions Implementation (OFSI) to pay a UK£465,000 (US$603,205) penalty for six payments it made, between 25 and 31 May 2022, to entities designated under the Russia (Sanctions) (EU Exit) Regulations 2019.

The London, UK-registered Moscow office of law firm Herbert Smith Freehills has been ordered by the UK Office of Financial Sanctions Implementation (OFSI) to pay a UK£465,000 (US$603,205) penalty for six payments it made, between 25 and 31 May 2022, to entities designated under the Russia (Sanctions) (EU Exit) Regulations 2019.