On 14 February 2025 the Foreign, Commonwealth and Development Office updated the UK Sanctions List giving details of those designated under regulations made under the Sanctions Act.

he following entries have been added to the Russia financial sanctions regime [ https://www.gov.uk/government/publications/financial-sanctions-ukraine-… ] and are now subject to an asset freeze and trust services sanctions:

* Artem Yuryevich Chaika (Group ID: 16756)
* Pavel Mikhailovich Fradkov (Group ID: 16758)
* Joint Stock Company Kirov Energomash Plant (Group ID: 16754)
* Limited Liability Company Rosatom Additive Technologies (Group ID: 16755)
* Vladimir Viktorovich Selin (Group ID: 16757)

The following entry has been amended on the Russia financial sanctions regime and is still subject to an asset freeze and trust service sanctions:

* Yuri Yakovlevich Chaika (Group ID: 14774)

OFSI’s consolidated list [ https://www.gov.uk/government/publications/financial-sanctions-consolid… ] of asset freeze targets has been updated to reflect these changes.

The UK's OFSI says this is what you must do
You must:
i. check whether you maintain any accounts or hold any funds or economic resources for the persons set out in the Annex to this Notice and any entities owned or controlled by them;
ii. freeze such accounts, and other funds or economic resources;
iii. refrain from dealing with the funds or economic resources or making them available directly or indirectly to or for the benefit of designated persons unless licensed by the Office of Financial Sanctions Implementation (OFSI) or if an exception applies;
iv. refrain from providing trust services to or for the benefit of the persons set out to the Annex in this Notice;
v. report any findings to OFSI, together with the information or other matter on which the knowledge or suspicion is based. Where the information relates to funds or economic resources, the nature and quantity should also be reported.
7. Information received by OFSI may be disclosed to third parties in accordance with provisions set out in the Information and Records part of the regulations and in compliance with applicable data protection laws.
8. Information regarding a suspected designated person, and funds or economic resources belonging to them, does not need to be disclosed to OFSI where it has previously been reported.
9. Information regarding a suspected designated person, and funds or economic resources belonging to them, does not need to be disclosed to OFSI where it has previously been reported.
10. Failure to comply with UK financial sanctions legislation or to seek to circumvent its
provisions may be a criminal offence.