The Guernsey Financial Services Commission published a sanctions notice confirming that Farkhad AKHMEDOV (Group ID: 15263) has been removed from the UK Russia financial sanctions regime and is no longer subject to an asset freeze, travel ban or trust services sanctions. The Commission noted that the consolidated list has been updated. It also reiterated that UK sanctions regulations are given effect in the Bailiwick of Guernsey under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit) Regulations, 2020 made under the Sanctions (Bailiwick of Guernsey) Law, 2018.
Guernsey Financial Services Commission 2025-03-19
Guernsey Financial Services Commission updates Russia sanctions notice to reflect UK delisting of Farkhad AKHMEDOV
The Guernsey Financial Services Commission announced the removal of Farkhad Akhmedov from the UK Russia financial sanctions regime, lifting his asset freeze, travel ban, and trust services sanctions. The consolidated list has been updated accordingly. UK sanctions regulations are implemented in Guernsey under the 2020 Brexit Regulations.