UK sanctions enforcer warns high-risk companies to heed information requests
By Phoebe Seers and Martin Coyle ( May 8, 2025, 13:52 GMT | Insight) -- The UK’s sanctions enforcer warned today that it takes a “dim view” of companies that delay or fail to respond to information requests it sends, as it revealed a penalty on a business in the oil shipping sector. The UK is notching up enforcement cases in its Russia sanctions regime, but while OFSI said the penalty would emphasize the importance of responding to information requests, it was just 5,000 pounds.The UK’s sanctions enforcer warned today that it takes a “dim view” of companies that delay or fail to respond to information requests it sends....
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