The Isle of Man Treasury issued a notice confirming that the UK sanctions list has been updated to remove one individual entry under the Russia sanctions regime as implemented in the Isle of Man. As a result, Aleksey Leonidovich Fisun is no longer included on the Consolidated List and is no longer subject to an asset freeze. The removed entry relates to Aleksey Leonidovich Fisun (also listed as Aleksei Leonidovich Fisun), of Moscow, Russia, described as a member of the supervisory board of Sovcombank (UK Sanctions List reference RUS1581). The notice reiterates that designated individuals, entities and ships under the regime are included on the UK sanctions list and reminds relevant institutions of their obligations to freeze assets of designated persons, avoid making funds or economic resources available without a legal exemption or licence, and report frozen assets and suspected breaches to the Financial Intelligence Unit.
The Treasury (Isle of Man) 2025-06-13
The Isle of Man Treasury publicises delisting of Aleksey Leonidovich Fisun under the Russia sanctions regime
The Isle of Man Treasury announced the removal of Aleksey Leonidovich Fisun from the UK sanctions list under the Russia sanctions regime, lifting the asset freeze against him. Fisun, a member of the supervisory board of Sovcombank, is no longer on the Consolidated List. The notice emphasizes the obligations of institutions to freeze assets of designated persons and report any breaches to the Financial Intelligence Unit.