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By Steven Farmer The launch of the Office of Financial Sanctions Implementation marks a watershed moment in UK sanctions policy – but the devil will be in the detail, writes Steven Farmer For the last two years, London has fired volley after volley of sanctions at Moscow. Each new wave has not only ratcheted up the economic pressure, but the rhetoric, too. “Hitting Putin where it hurts”, after all, is how one MP described the imposition of fresh sanctions in December 2023. For all the swift action and strong words, questions have remained about how effectively the West is actually enforcing it…

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