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Sanctions watchdog fines Lloyds subsidiary for breaching Russia rules

By Josh White

Date: Monday 26 Jan 2026

(Sharecast News) - The UK Treasury's sanctions watchdog fined Lloyds subsidiary Bank of Scotland £160,000 on Monday, for breaching financial sanctions imposed on Russia after it processed payments linked to a UK-designated individual in early 2023.
The Office of Financial Sanctions Implementation (OFSI) said the lender handled 24 transactions between 8...

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