The Guernsey Financial Services Commission (GFSC) published a Global Anti-Corruption sanctions notice confirming that 12 individuals and one entity have been added to the UK consolidated list under the Global Anti-Corruption Sanctions Regulations 2021 and are now subject to an asset freeze as applied in the Bailiwick of Guernsey. Firms must check for any accounts or other relationships involving the designated persons and ensure relevant funds and economic resources are frozen with immediate effect if not already. The notice names Alejandro Eduardo Giammattei Falla, Angel Arnoldo Pineda Avila, Cinthia Edelmira Monterroso Gomez, Maria Consuelo Porras Argueta de Porres, Jose Rafael Curruchiche Cucul, Melvin Ernesto Quijivix Vega, Luis Miguel Martinez Morales, Natalia Parasca, Nelli Alekseyevna Parutenko, Marina Tauber, Levan Murusidze and Mikheil Chinchaladze, together with the entity Evrazia. Businesses must treat as frozen assets directly or indirectly owned, held or controlled by designated persons, including assets derived from them or held for those acting on their behalf or at their direction, and must not make funds or economic resources available to or for the benefit of designated persons or entities they own or control, except where a permitted derogation or licence applies. Any findings must be reported immediately to the States of Guernsey Policy & Resources Committee, in line with the Sanctions (Bailiwick of Guernsey) Law, 2018 and the implementing framework. Where an affected relationship is identified, firms must also report to the GFSC under Handbook Rule 12.37 as soon as reasonably practicable after meeting the statutory reporting requirements to the Policy & Resources Committee, including at minimum the relevant customer or linked beneficial owner/key principal (or transaction/asset) and the nature and value of the business relationship or occasional transaction.

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