The Guernsey Financial Services Commission has notified firms that the UK Sanctions List entries for Pavel Ezoubov Ezubov and Vasily Vitalyevich Abramov, designated under The Russia Sanctions EU Exit Regulations 2019, have been varied. Both individuals remain subject to an asset freeze, travel ban, trust services sanctions and director disqualification sanctions, with the UK measures given effect in the Bailiwick of Guernsey under local sanctions regulations. Businesses must check whether they hold accounts or maintain any other relationship with the named individuals or other designated persons and must freeze any relevant funds, assets or economic resources immediately if that has not already been done. They must also avoid making funds or economic resources available, directly or indirectly, to designated persons, entities they own or control, or parties acting on their behalf, unless a permitted derogation or licence applies. Any findings must be reported immediately to the Policy & Resources Committee, and affected relationships must also be reported to the Commission in line with Handbook Rule 12.37, including the identity of the customer or asset involved and the nature and value of the relationship or transaction.
Guernsey Financial Services Commission2026-07-24
Guernsey Financial Services Commission flags UK sanctions list changes for two Russia-designated individuals
The Guernsey Financial Services Commission has alerted firms that the UK sanctions list details for two Russia-designated individuals, Pavel Ezoubov Ezubov and Vasily Vitalyevich Abramov, have been varied. The individuals remain subject to asset freeze and related sanctions, and firms must check for affected relationships, freeze relevant assets, and report findings to both the Policy & Resources Committee and the Commission.