Isle of Man Treasury updates the Sudan sanctions regime with four new asset-freeze entries

Isle of Man Treasury issued a sanctions update publicising the addition of four entries under the Sudan sanctions regime, following the United Nations Security Council’s 24 February 2026 update to the UN Consolidated List. The additions are now subject to an asset freeze and are included on the UK Sanctions List, with the regime applying in the Isle of Man via the Sanctions (Implementation of UK Sanctions) Regulations 2024. Where a sanctions compliance programme identifies a possible match and funds or economic resources are held or otherwise dealt with, assets must be frozen immediately and the information reviewed to confirm whether the match is genuine or a false positive. If a true match is confirmed, assets must not be dealt with or made available to the designated person unless a legal exemption or licence applies, and frozen assets must be reported to the FIU; suspected breaches and blocked attempted transactions must also be reported. The notice also highlights that attempts to circumvent financial and trade sanctions are criminal offences, that screening should consider ownership or control of entities by listed persons, and that previously reported frozen holdings do not need to be re-reported.