Citibank's fine for violating the U.K. sanctions regime shows that the enforcer will punish companies for serious breaches even if there was no intent to break the rules, underscoring the need for firms to stress-test their screening systems, lawyers say.
Citibank's fine for violating the U.K. sanctions regime shows that the enforcer will punish companies for serious breaches even if there was no intent to break the rules, underscoring the need for firms to stress-test their screening systems, lawyers say.
A group of 300 hotel companies has brought a competition claim against Mastercard, the latest in a series of swipe-fee dispute claims the payments giant has faced.
Roman Abramovich failed on Wednesday in his third attempt to lift European Union sanctions against him after a court ruled that the billionaire was designated over activities "providing substantial revenue" to Russia.
Euroclear has beaten a sales manager's claim for commission on its deal to acquire a fintech startup in 2023, with a tribunal finding he was barred from receiving commission after his employment at the startup ended.
An umbrella company that was shuttered for tax fraud, along with its liquidators, cannot claw back overpayments to two doctors resulting from the company not collecting payroll taxes, a London court found Wednesday.
