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Britain sanctions firm officials over visas
The article addressed the British Financial Conduct Authority's ban on three former officials of Dolphin Financial UK from working in the financial sector. This action followed an investigation into the misuse of the investor visa program, known as the Golden Visa. The Authority confirmed that these officials were involved in circumventing the program's rules by paying fees that did not match the required investment amount, generating profits for the company exceeding $48 million before the program was shut down and abolished in 2022 as part of efforts to combat illicit financing. As a result, the company’s activities were restricted, and it now employs strict regulatory measures to limit the use of illegal funds, especially from Russia.
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