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UK Practice Compliance Weekly Highlights: Russia sanctions evasion via Kyrgyzstan, failure-to-prevent offences, ICO DUAA consultations, and law firm gender pay gap—28 August 2025

Published on: 28 August 2025

Published by a LexisNexis Practice Compliance expert
Legal News
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In this issue:

  • Financial sanctions
  • Other financial crime
  • Data protection
  • Other Practice
  • Compliance updates this week
  • Daily and weekly news alerts
  • Trackers
  • New and updated content

Financial sanctions

FCDO targets Kyrgyz financial institutions and crypto exchanges in Russia sanctions update

On 20 August 2025, the Foreign, Commonwealth & Development Office unveiled further measures against Russia’s evasion networks operating in Kyrgyzstan. Those named include Capital Bank of Central Asia and its director, Kantemir Chalbayev, plus the crypto platforms Grinex and Meer, which run the rouble‑linked A7A5 token, reportedly processing US$9.3bn in four months. This step adds to the UK’s existing Russia regime, mirrors comparable US action, and introduces eight additional designations. They are intended to block Russia’s use of Kyrgyz banking and crypto channels to sidestep western controls. It sits within co‑ordinated international efforts, alongside ongoing US‑led talks to secure peace in Ukraine. See: LNB News 22/08/2025 26.

Other financial crime

Debut UK corporate tax evasion prosecution sends message despite dearth of cases

MLex reports that a UK accountancy firm is the first to be prosecuted for failure to prevent tax evasion, eight years after the offence entered UK statute...

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