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UK's Vanquis Bank allowed sanctioned person to access account, says OFSI

( September 8, 2025, 16:11 GMT | Official Statement) -- MLex Summary: UK retail lender, Vanquis Bank, allowed a designated customer to access their funds in breach of UK sanctions legislation, the Office of Financial Sanctions Implementation said Monday. The regulator said it didn't fine Vanquis due to the small amounts involved. The statement is attached below....

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