Articles from 2025

The Bailiwick of Guernsey has achieved a good result in a recent International Association of Insurance Supervisors (“IAIS”) peer review process (“PRP”) focused on how insurers manage risk relating to solvency. This result confirms the earlier findings of the IAIS Member Assessment Programme published in 2019 . The objective of the IAIS PRP is a point-in-time assessment to deepen awareness of the...

Guernsey Funds The total net asset value of Guernsey funds at the end of the quarter was £278.6 billion, a decrease over the quarter of £11.5 billion (-3.9%). Over the past year, total net asset values have decreased by £13.9 billion (-4.7%). Closed-ended Schemes Within these totals, Guernsey closed-ended funds decreased over the quarter by £5.5 billion (-2.3%) to just under £232.8 billion. This...

Please be advised that details in respect of the following individuals/entities, which have been designated under The Russia (Sanctions) (EU Exit) Regulations 2019 , have been amended: Igor Borisovich BYSTROV (Unique ID: RUS2626) SHANGHAI NEW CHESS INT'L LOGISTICS CO., LTD. (Unique ID: RUS2617) SHANGHAI NEW CHESS CO., LTD. (Unique ID: RUS2618) MT-SYSTEMS LLC (Unique ID: RUS2620) ATOMA LLC (Unique...

Please be advised that details in respect of the following individual, who has been designated under The Russia (Sanctions) (EU Exit) Regulations 2019 , have been amended: Michel LITVAK (UNIQUE ID: RUS2410) The above individual is still subject to an asset freeze and trust services sanctions. The individual referred to above appears on the UK’s consolidated list, which can be found here . The UK...

Please be advised that the following person, previously designated under the ISIL (Da'esh) and Al-Qaida (Sanctions) (EU Exit) Regulations 2019 (the UK regulations), has been removed from the consolidated list and is no longer subject to an asset freeze : LIONEL DUMONT (Group ID: AQD0217) The consolidated list has been updated and can be found here . The UK regulations are given effect within the...

Please be advised that amendments have been made to the details of the following persons/entities which are designated under the ISIL (Da'esh) and Al-Qaida (Sanctions) (EU Exit) Regulations 2019 (the UK regulations) – AL-ZAWAHIRI AIMAN MUHAMMED RABI (Unique ID: AQD0126) ASHOUR AL-FADHLI Mushin Fadhil Ayed (Unique ID: AQD0265) ABDEL RAHMAN ABD ALLAH MOHAMED RAGAB (Unique ID: AQD0090) AHMED ZAKI...

Please be advised that the following persons/entities have been removed from the UK Zimbabwe financial sanctions regime and are no longer subject to an asset freeze: Owen NCUBE (Unique ID: ZIM0004) Anselem Nhamo SANYATWE (Unique ID: ZIM0005 Godwin MATANGA (Unique ID: ZIM0006) Isaac MOYO (Unique ID: ZIM0007) Zimbabwe Defence Industries (Unique ID: ZIM0003) The consolidated list has been updated and...

Please be advised that the following have been added to the list of persons/entities who are currently designated under the Global Human Rights Sanctions Regulations 2020 (the UK regulations) and who are subject to an asset freeze. Zohar SABAH (UNIQUE ID: GHR0156) Harel David LIBI (UNIQUE ID: GHR0160) Daniella Weiss (UNIQUE ID: GHR0161) NERIA'S FARM OUTPOST (UNIQUE ID: GHR0157) NACHALA (UNIQUE ID...

Please be advised that the following individuals/entities: Igor Borisovich BYSTROV 16878 RUS2626 Mariya UTKINA 16880 RUS2633 Inna Olegovna KAZAKOVA 16881 RUS2634 Artem Alexandrovych SAVENKO 16882 RUS2635 Yaroslav Alekseevich PETRENKO 16883 RUS2636 Oleg Gennadievich SUKHORUKOV 16884 RUS2637 John Michael ORMEROD 16863 RUS2639 Nikita DMITRIEV 16942 RUS2694 Ilya Alexandrovich FADEEV 16943 RUS2696...