OFAC reaches $2m settlement with Bank of China (UK) Limited

27 August 2021

OFAC reaches $2m settlement with Bank of China (UK) Limitedchrisdorney/Shutterstock.com

The US Treasury Department’s Office of Foreign Assets Control (OFAC) has announced that Bank of China (UK) Limited (BOC UK) has agreed to pay $2,329,991 to settle its potential civil liability for violations of...

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions...

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