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The UK has issued its first fine for violating anti-Russian sanctions imposed against Russia due to its unlawful invasion of Ukraine. The penalty was imposed by the UK’s Office of Financial Sanctions Implementation (OFCI), according to the UK Treasury website. The monetary fine was imposed on Integral Concierge Services Ltd. (ICSL) due to its provision of property management services to an individual whose assets have been frozen. Reports indicate that between 2022 and 2023, the aforementioned company made or received 26 payments related to services provided to this individual. ICSL continued …

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