{"id":211,"date":"2019-03-08T17:10:31","date_gmt":"2019-03-08T21:10:31","guid":{"rendered":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/?p=211"},"modified":"2024-03-15T09:12:45","modified_gmt":"2024-03-15T13:12:45","slug":"uk-ofsi-imposes-further-financial-penalty","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/2019\/03\/08\/uk-ofsi-imposes-further-financial-penalty\/","title":{"rendered":"UK &#8211; OFSI imposes further financial penalty"},"content":{"rendered":"<p>OFSI <a href=\"https:\/\/assets.publishing.service.gov.uk\/government\/uploads\/system\/uploads\/attachment_data\/file\/804021\/Travelex_monetary_penalty.pdf\">has today<\/a> imposed a \u00a310,000 penalty on Travelex Limited in relation to a \u00a3204 transaction involving the funds of a designated person.<\/p>\n<p>This penalty is factually related to the same transaction as was the subject of <a href=\"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/2019\/01\/21\/uk-ofsi-imposes-its-first-ever-financial-penalty\/\">OFSI&#8217;s first penalty<\/a>.<\/p>\n<p>While the fine itself is very small, that OFSI has imposed a fine in relation to such a small transaction is perhaps itself of significance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OFSI has today imposed a \u00a310,000 penalty on Travelex Limited in relation to a \u00a3204 transaction involving the funds of a designated person. This penalty is factually related to the same transaction as was the subject of OFSI&#8217;s first penalty. While the fine itself is very small, that OFSI has imposed a fine in relation &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/2019\/03\/08\/uk-ofsi-imposes-further-financial-penalty\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;UK &#8211; OFSI imposes further financial penalty&#8221;<\/span><\/a><\/p>\n","protected":false},"author":656,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74,71],"tags":[49,20,12,9],"ppma_author":[7],"class_list":["post-211","post","type-post","status-publish","format-standard","hentry","category-74","category-financial-services","tag-egypt","tag-financial-sanctions","tag-fine","tag-united-kingdom"],"authors":[{"term_id":7,"user_id":656,"is_guest":0,"slug":"mhandley","display_name":"Mark Handley","avatar_url":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-content\/uploads\/sites\/65\/2023\/09\/handleymark-100x100.jpg","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts\/211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/users\/656"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/comments?post=211"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts\/211\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/media?parent=211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/categories?post=211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/tags?post=211"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/ppma_author?post=211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}