Articles from 2024

Please be advised that the following persons have been added to the list of persons who are currently designated under the Global Human Rights Sanctions Regulations 2020 (the UK regulations) and who are subject to an asset freeze. Neria Ben Pazi (Group ID: 16486) Noam Federman (Group ID: 16489) Eden Levi (Group ID: 16485) Elisha Yered (Group ID: 16493) Hilltop Youth (Group ID: 16487) Lehava (Group...

Please be advised that details in respect of Sarvar Ismailov (Group ID: 15469) who is currently subject to an asset freeze and trusts services sanctions have been amended. The individual referred to above appears on the UK’s consolidated list, which can be found here . The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey...

Please be advised that the following persons have been added to the list of persons who are currently designated under the Global Human Rights Sanctions Regulations 2020 (the UK regulations) and who are subject to an asset freeze. Anita Annet Among (Group ID: 16490) Mary Goretti Kitutu (Group ID: 16491) Agnes Nandutu (Group ID: 16492) The persons referred to above appear on the consolidated list...

Please be advised that amendments have been made to the details of the following individual who is designated under the ISIL (Da'esh) and Al-Qaida (Sanctions) (EU Exit) Regulations 2019 (the UK regulations): Sanaullah GHAFARI (Group ID: 14169) The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit) Regulations...

The Commission has today issued an updated Handbook on Countering Financial Crime (AML/CFT/CPF) (the “Handbook”). Chapter 1 of the Handbook has been updated to include guidance to licensed firms relating to offences detailed with section 48MA of the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law, 1999 and section 74A of the Terrorism and Crime (Bailiwick of Guernsey) Law, 2002...

Please be advised that the following 6 individuals/entities have been designated under the Iran (Sanctions) Regulations 2023 (the UK regulations) : Abbas Abdi Asjerd (Group ID: 16483) Seyed Mohsen Vahabzadeh Moghadam (Group ID: 16480) Alvand Motorbuilding Industries Company (Group ID: 16482) Bonyan Danesh Shargh Private Company (Group ID: 16481) Moj Gostar Aseman Parvaz Company (Group ID: 16479)...

The Guernsey Financial Service Commission has signed a Memorandum of Understanding (MoU) with the European Central Bank (ECB), the authority responsible for monetary policy and the supervision of significant banking institutions across the Eurozone. The MoU provides a framework for cooperation and information sharing between the two authorities. Speaking about the MoU, the Commission’s Director...

The Policy & Resources Committee has enhanced the sanctions-related information on the States of Guernsey website with the addition of guidance on challenging designations and obtaining assistance with the unfreezing of funds. Standard forms are also now available on the website in relation to the making of reports, challenging designations and making designation proposals. Businesses should take...

Please be advised that the following 13 individuals/entities have been designated under the Iran (Sanctions) Regulations 2023 (the UK regulations) : Mohammad Reza Ashtiani (Unique ID: IRN0195) General Staff Of The Armed Forces Of The Islamic Republic Of Iran (Unique ID: IRN0196) Islamic Revolutionary Guard Corps Navy (IRGCN) (Unique ID: IRN0197) Gholamali Rashid (Unique ID: IRN0198) Khatam-al...