The Isle of Man Financial Services Authority published a sanctions update notifying licenceholders that the Isle of Man Treasury, Customs and Immigration Division has issued new and updated information on the Russia and Global Human Rights sanctions regimes. The Treasury updates, published via Isle of Man Government news releases dated 20 May 2025, cover a Russia general licence on legal services fees, updates to financial and shipping sanctions relating to Russia, and updates to the Global Human Rights financial sanctions regime. The notice also directs firms to the Treasury’s Sanctions and Export Control webpage for current sanctions notices and highlights subscription options for ongoing alerts, including an RSS feed for sanctions news releases and the UK Treasury’s Office of Financial Sanctions Implementation email alert service.
Isle of Man Financial Services Authority 2025-05-23
Isle of Man Financial Services Authority alerts firms to Treasury updates on Russia and Global Human Rights sanctions
The Isle of Man Financial Services Authority announced updates from the Isle of Man Treasury on Russia and Global Human Rights sanctions regimes. These include a Russia general licence on legal services fees, updates to financial and shipping sanctions related to Russia, and changes to the Global Human Rights financial sanctions regime. Firms are directed to the Treasury’s Sanctions and Export Control webpage for detailed notices and subscription options for alerts.