The Guernsey Financial Services Commission has issued a sanctions notice advising that Guernsey’s Policy & Resources Committee has granted a general licence under the Russia sanctions regime, alongside a guidance document intended to be read with the licence. The general licence is issued under regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019, as implemented in the Bailiwick through the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit) Regulations 2020 (the Russia Regulations). The licence and accompanying guidance are available via the States of Guernsey finance sanctions website.
Guernsey Financial Services Commission 2025-10-20
Guernsey Financial Services Commission publishes notice on a new Russia sanctions general licence and guidance
The Guernsey Financial Services Commission announced that Guernsey’s Policy & Resources Committee issued a general licence under the Russia sanctions regime, with a guidance document. This licence is under regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019, implemented in the Bailiwick through the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit) Regulations 2020. Both are accessible on the States of Guernsey finance sanctions website.