Please be advised that the following individuals/entities have been designated under the Russia (Sanctions) (EU Exit) Regulations 2019 (the UK regulations):
Name
OFSI ID
Unique ID
ABSOLUT TRADE LLC
17158
MAXCOMM LLC
17159
NPK PROGRESS
17160
IZZITION E-TECHNOLOGY CO LTD
17161
LLC HARTIS DV
17162
LMM ELECTRONICS (FZE)
17164
S-MIKRON ELEKTRONIK ELEKTRIK SANAYI TAAHHUT TICARET ANONIM SIRKETI
17165
INOI INTERNATIONAL FZ LLC
17166
PJSC Rosneft Oil Company
17169
NAYARA ENERGY LIMITED
17170
ALT CAPITAL PTE LTD
17171
PERGAM-ENGINEERING JSC
17174
ELECTRA PRO LLC
17175
SHENZHEN JLFY TECHNOLOGY CO., LTD
17176
SURE TECHNOLOGY (HONGKONG) COMPANY LTD
17177
HORSWAY TECH (HK) CO., LIMITED
17178
MSUNTECH ELECTRONICS (GROUP) CO., LIMITED
17179
YW NL E-COMMERCE COMPANY
17180
JSC NATIONAL CARD PAYMENT SYSTEM (NSPK)
17181
JSC SOLID BANK
17182
PUBLIC JOINT-STOCK COMPANY SOCIAL COMMERCIAL BANK OF PRIMORYE PRIMSOTSBANK
17183
JSC TRANSSTROIBANK
17184
JSC BBR Bank
17185
CHINA THAI CORPORATION GROUP CO., LTD
17186
ALGHAF MARINE DMCC
17187
WISSOL COMMODITIES FZCO
17188
SHANDONG YULONG PETROCHEMICAL COMPANY
17190
SHANDONG JINGANG PORT CO., LTD
17191
NATIONAL PIPELINE GROUP BEIHAI LIQUEFIED NATURAL GAS CO LTD
17192
SHANDONG HAIXIN PORT CO. LTD
17193
SHANDONG BAOGANG INTERNATIONAL PORT CO. LTD
17194
PJSC Oil Company LUKOIL
17195
ARS Global LLC
17196
LMSISTEMS LLC
17197
Dmitriy Alekseevich DMITRIEV
17163
Maxim Nikolaevich KRASNOV
17167
Maxim Viktorovich AGEEV
17168
Vladislav GROMOV
17172
Narmina DADASHOVA
17173
The individuals/entities referred to above are now subject to an asset freeze and trust service sanctions, and appear 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) (Brexit) Regulations, 2020 that have been made under the Sanctions (Bailiwick of Guernsey) Law, 2018 (the Sanctions Law).
MEASURES WHICH SHOULD BE TAKEN
All businesses must check whether they maintain any accounts or otherwise have any kind of relationship with the individuals/entities referred to above or to any other natural or legal person, entity or body designated under the legislation referred to above and must treat any funds, other assets or economic resources directly or indirectly belonging to, owned, held or controlled by them, whether wholly or jointly, or that comprise interest, dividends or other forms of property derived from any funds or economic resources that belong to them or are owned, held or controlled by them, whether directly or indirectly and wholly or jointly, or belonging to individuals or entities acting on their behalf or at their direction, whether wholly or jointly as frozen with immediate effect if this is not already the case. Businesses must report any findings to the Policy & Resources Committee immediately. They must also ensure that they have taken all other steps that may be required in order to comply with the reporting obligations at section 14 of the Sanctions Law.
Businesses must also refrain from making any funds or economic resources available directly or indirectly, wholly or jointly, to or for the benefit of any designated person, entity or body any entity directly or indirectly owned or controlled by a designated person, entity or body, whether wholly or jointly any individuals or entities acting on behalf or at the direction of a designated person, entity or body, whether wholly or jointly other than in respect of transactions that come within a permitted derogation as determined by the Policy & Resources Committee, or in accordance with a licence issued by the Policy & Resources Committee, as the case may be.
The information referred to above is required by the Policy & Resources Committee in the exercise of its powers under section 15 of the Sanctions Law.
Any information or queries should be sent to [email protected] with the subject line “Russia Sanctions”.
Where you have identified an affected relationship as set out above, please also inform the Guernsey Financial Services Commission via email to [email protected] providing short form information on the nature of the sanction connection and the measures you have taken or intend to take.
Handbook Rule 12.37, requires that, where you have identified an affected relationship as set out above, the firm must provide a report to the Commission which sets out, as a minimum: a) the name of the customer, beneficial owner, key principal or the transaction and/or asset linked to a sanctioned/designated person; and b) the nature of the business relationship or occasional transaction, including the transaction and/or asset value.
This report should be provided to the Commission as soon as reasonably practicable after the firm has met the statutory reporting requirements to the States of Guernsey Policy and Resources Committee.
Further information on the effect of asset freezes and related issues including licences is available on the States of Guernsey website at http://www.gov.gg/sanctions.
 (EU Exit) Regulations 2019 (the UK regulations):){kind=link}