Notice

Imposition of monetary penalty: Raphaels Bank

OFSI report of penalty for breach of financial sanctions – dealing with the funds of a designated person.

• From: Office of Financial Sanctions Implementation and HM Treasury
• Published: 25 February 2019

Documents

Imposition of monetary penalty: Raphaels Bank

PDF, 197 KB, 3 pages

This file may not be suitable for users of assistive technology.

Request an accessible format

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

Penalty imposed on R. Raphael & Sons plc trading as Raphaels Bank.

Raphaels Bank dealt with funds belonging to a designated person despite having access their passport details, which clearly identified the individual by name, date of birth and nationality.