Citibank has been handed a ยฃ4.7 million ($6.37 million) fine after its London branch violated the U.K.โs Russian sanctions regime by processing nearly ยฃ20 million ($27.1 million) in illegal payments to designated individuals and organizations. ย

Intelligence, benchmarking, and certification for risk and compliance leaders, from the institution setting the standard since 1922.
Citibank has been handed a ยฃ4.7 million ($6.37 million) fine after its London branch violated the U.K.โs Russian sanctions regime by processing nearly ยฃ20 million ($27.1 million) in illegal payments to designated individuals and organizations. ย
Neil Hodge is a freelance business journalist and photographer based in Nottingham, United Kingdom. He writes on insurance and risk management, corporate governance, internal audit, compliance, and legal... More by Neil Hodge
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