City law firm Herbert Smith Freehills fined over Russia sanctions breaches

International law firm Herbert Smith Freehills has been fined by the Government’s Office of Financial Sanctions Implementation (Alamy/PA) -

Law firm Herbert Smith Freehills has been fined £465,000 after breaching UK financial sanctions on Russia.

The City firm made a series of payments to Russian banks subject to asset freezes, according to the Office of Financial Sanctions Implementation.