Articles from 2024

Please be advised that an amendment has been made in respect of Petr Aleksandrovich ORLOV (Group ID: 16287) who is currently designated under the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 (the UK regulations), and who remains subject to an asset freeze. The amended entry in respect of the person referred to above appears on the consolidated list, which can be found here . The UK...

Please be advised that details in respect of • Svyatoslav Evgenievich OSTROVSKY (Group ID: 14811) 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)...

Please be advised that amendments have been made to the details of the twelve individuals and two entities who are designated under the ISIL (Da'esh) and Al-Qaida (Sanctions) (EU Exit) Regulations 2019 (the UK regulations). Information about the amendments is available here – Notice_ISIL__Da_esh__and_Al-Qaida_110124.pdf (publishing.service.gov.uk). The UK regulations are given effect within the...

Today a consultation paper has been issued on the proposed amendments to the rules and guidance on the Handbook on Countering Financial Crime to support the extension of the existing obligations upon specified businesses to countering proliferation financing. These amendments also incorporate the proposed amendments to Schedule 3 of the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey)...

The Commission has become aware of a possible phishing attempt being sent purporting to be from the Commission. If you have received an email from the Commission and you are unsure of its authenticity, please do not click on any links or attachments and instead forward it to [email protected]. The Commission sends its emails from the domain ending “gfsc.gg” and the email domain that the phishing...

Towards the end of 2023 the Policy & Resources Committee issued a number of updates to its guidance on Sanctions, Terrorist Financing and Proliferation Financing including issuing an online Proliferation Financing training module, and presentation slides from recent industry presentations. The Commission has updated its webpages on Sanctions, Terrorist Financing, and Proliferation Financing to...

Please be advised that amendments have been made to the details of the following entities - ACADEMY OF NATIONAL DEFENSE SCIENCE (Group ID: 13339) GENERAL BUREAU OF ATOMIC ENERGY (GBAE) (Group ID: 10912) who are designated under the Democratic People’s Republic of Korea (Sanctions) (EU Exit) Regulations 2019 (the UK regulations). Further details about the amendments are available here: Notice...

Please be advised that the United Nations Security Council Committee has amended the details relating to five individuals and two entities who are subject to the ISIL (Da'esh) and Al-Qaida Organisations financial sanctions regime. Information about the individuals and entities concerned is available here: Security Council ISIL (Da’esh) and Al-Qaida Sanctions Committee Amends Seven Entries to Its...

The States of Guernsey has published its National Strategy and update to the National Risk Assessment (NRA). The documents form part of the Bailiwick of Guernsey’s commitment to ensuring that criminals, including money launderers, terrorists and those financing terrorism or the proliferation of weapons of mass destruction, cannot launder the proceeds of crime through the Bailiwick or otherwise use...