The Guernsey Financial Services Commission published a Global Human Rights sanctions notice confirming that the UK listing for Andrey Konstantinovich Lugovoy, Group ID 13310, has been amended and remains subject to sanctions as implemented in the Bailiwick of Guernsey. Businesses must check whether they maintain accounts or any other relationship with the designated person or any other person, entity or body designated under the relevant legislation, freeze any funds, other assets or economic resources they own, hold or control directly or indirectly, and refrain from making funds or economic resources available to designated persons or connected parties unless covered by a permitted derogation or a licence granted by the States of Guernsey Policy and Resources Committee. Any findings must be reported immediately to the Policy and Resources Committee and firms must comply with reporting obligations under section 14 of the Sanctions (Bailiwick of Guernsey) Law, 2018; where an affected relationship is identified, firms should also report to the Commission under Handbook Rule 12.37 with minimum information on the relevant customer or transaction and the nature and value of the relationship or transaction after meeting the statutory reporting requirements.
Guernsey Financial Services Commission 2025-03-19
Guernsey Financial Services Commission issues notice on amended UK Global Human Rights sanctions designation for Andrey Konstantinovich Lugovoy
The Guernsey Financial Services Commission issued a Global Human Rights sanctions notice confirming the UK listing for Andrey Konstantinovich Lugovoy remains sanctioned in the Bailiwick of Guernsey. Businesses must verify relationships with designated persons, freeze assets, and report findings to the Policy and Resources Committee, complying with the Sanctions (Bailiwick of Guernsey) Law, 2018. Affected firms should also report to the Commission under Rule 12.37 of the Handbook.