Herbert Smith Freehills (HSF), an international law firm in London, was fined £465,000 by the UK’s OFSI for breaching sanctions against Russia by making payments to sanctioned banks during the Ukraine invasion. The firm’s Moscow subsidiary made payments totaling nearly £3.93 million to three Russian banks, violating asset freeze regulations. HSF London reported the breaches voluntarily, resulting in a 50% fine reduction. The OFSI emphasized its commitment to enforcing sanctions, while HSF London was not found at fault. Teljes cikk (Euronews.com)