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UK Regulators Fine Citibank London Over Russia Sanctions Breaches
British financial authorities have imposed a £4.7 million penalty on Citibank’s London division for violating UK sanctions related to Russia. The fine addresses failures in monitoring and preventing prohibited transactions within the bank’s operations.
2 Sept, 10:02 — 2 Sept, 14:50
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (60/100)4 sources30/33
Spectrum spread— 3/5 buckets covered17/33
Far L1
Far Left (1)
The Independent
Left
Center1
Center (1)
Reuters
Right2
Right (2)
times-ukjerusalem-post
Far R
Geographic diversity— 3 regions13/34
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Sources
Showing 3 of 4 sources
times-ukMostly Factual6h ago
Citibank fined £4.7m for breaching financial sanctions in UK - The Times
Citibank fined £4.7m for breaching financial sanctions in UK The Times
Read full article →The IndependentMostly Factual8h ago
Citibank’s London unit fined £4.7m for breaching Russia sanctions
In total, some 970 payments worth about £19.7 million were considered to be breaches.
By Anna Wise
Read full article →jerusalem-postMostly Factual11h ago
UK fines US-headquartered Citibank's London unit £4.7 million under Russia sanctions laws
The British government fined Citibank's CBNA London unit for breaching Russia-related sanctions laws, a notice confirmed on Wednesday.
Read full article →Coverage Timeline
First report: jerusalem-post · 2 Sept, 10:02|Full coverage: 4 · 5h|Window: 5h
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