The United Nations Security Council Committee has added one individual to the ISIL (Da’esh) and Al-Qaida Organisations financial sanctions regime. The following individual has been added to the consolidated list and is subject to an asset freeze: Jamal
Sanctions Notice – Russia-Ukraine
Two individuals and four entities have been added to the list of sanctioned entities in the EU implemented by Council Implementing Regulation (EU) 2020/1367.
Individuals: Alexander Nikolaevich Ganov and Leonid Kronidovich Ryzhenkin.
Entities: Joint-stock company “Lenpromtransproyekt”, Joint-stock company “The Berkakit-Tommot-Yakutsk Railway Line’s Construction Directorate”, Federal State Unitary Enterprise “Crimea Railway” & First Crimean Insurance Company.
These are and are implemented within the Bailiwick under the Territorial Integrity etc. of Ukraine (Restrictive Measures) (Guernsey) Ordinance, 2014.
For a full list of GFSC sanctions including measures to be taken, please click here.
To view this notification in full, please click here.
Consultation Paper on Proposals for a Green Investment Discount for Life Insurer Capital Requirements
The GFSC has issued a consultation paper seeking views from interested parties on proposed amendments to the Insurance Business (Solvency) Rules, 2015. The proposed amendments would introduce a “Green Discount”, which would reduce the capital
In September the Commission ran interactive sector-specific workshops to assist firms in developing their mitigation of the money laundering (“ML”) and terrorist financing (“TF”) risks to their business. The Commission representatives provided an overview of