Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many (a) proceedings and (b) fines have been issued for breaches of the UK's sanctions regime on (i) Russia and (ii) Belarus in the period since 24 February 2022; and what the total value of fines has been for those breaches.

HM Treasury, through the Office of Financial Sanctions Implementation (OFSI), is the UK’s competent authority responsible for the implementation of financial sanctions. It is therefore the body responsible for civil enforcement of financial sanctions breaches.

OFSI does not issue proceedings in response to financial sanctions breaches. The details of civil monetary penalties issued by OFSI are published on GOV.UK here [https://www.gov.uk/government/collections/enforcement-of-financial-sanctions].