News

Please be advised that the following person has been removed from the UK Russia financial sanctions regime and is no longer subject to an asset freeze, travel ban or trust services sanctions: Farkhad AKHMEDOV (Group ID: 15263) The consolidated list has been updated and can be found here . The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes)...

Please be advised that the UK has recently enacted the Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations 2024 (the UK regulations) which make a number of amendments to most of the existing sanctions regulations that have been implemented in the Bailiwick. The principal effect of these amendments in the Bailiwick is as follows: Clarification that the prohibitions on the making...

Please be advised that the following entities have been revoked from the UK Russia financial sanctions regime. These entities are no longer subject to an asset freeze: ROSBANK PJSC (UNIQUE ID: RUS1858) ACTIVE DENIZCILIK (UNIQUE ID: RUS2101) The consolidated list has been updated and can be found here . The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of...

Please be advised that details in respect of the following entity, which has been designated under The Russia (Sanctions) (EU Exit) Regulations 2019 , have been amended: TINKOFF BANK (UNIQUE ID: RUS1859) The above entity remains subject to an asset freeze. The persons/entities referred to above appear on the UK’s consolidated list, which can be found here . The UK regulations are given effect...

Please be advised that the following entries have been removed from the UK Syria financial sanctions regime and are no longer subject to an asset freeze: REAL ESTATE BANK OF SYRIA (REB) (UNIQUE ID: SYR0326) SAVING BANK (UNIQUE ID: SYR0327) AGRICULTURAL COOPERATIVE BANK (UNIQUE ID: SYR0277) CENTRAL BANK OF SYRIA (UNIQUE ID: SYR0285) COMMERCIAL BANK OF SYRIA (UNIQUE ID: SYR0290) INDUSTRIAL BANK...

Guernsey Funds The total net asset value of Guernsey funds at the end of the quarter was £290.1 billion, an increase over the quarter of £1.3 billion (+0.5%). Over the past year, total net asset values have changed by less than 0.1% with an increase of £0.1 billion. Closed-ended Schemes Within these totals, Guernsey closed-ended funds decreased over the quarter by £0.5 billion (-0.2%) to £238.3...

The Commission has today issued an amendment to the country list in Appendix I of the Handbook on Countering Financial Crime (AML/CFT/CPF) (the “Handbook”) reflecting the Financial Action Task Force (“FATF”)’s updated list of jurisdictions under increased monitoring, which added the Lao People’s Democratic Republic and Nepal. Both countries were already included on Appendix I due to being listed...

Please be advised the following entry: OJSC KEREMET BANK (Group ID: 16829) has been corrected to include updated or additional information under the Russia financial sanctions regime and is still subject to an asset freeze and trust services sanctions. The persons/entities referred to above appear on the UK’s consolidated list, which can be found here . The UK regulations are given effect within...

Please be advised that details in respect of the following individual, who has been designated under the Global Anti-Corruption Sanctions Regulations 2021 (the UK regulations), have been amended: MANGUE TEODORO NGUEMA OBIANG (Unique ID: GAC0024) The above entity is still subject to an asset freeze, trust services sanctions, travel ban and a prohibition on correspondent banking and clearing. The...