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Current Sanctions Guidance

This section tells you how sanctions will operate from 1 January 2021 onwards
EU sanctions will no longer apply in the Isle of Man after 11pm on 31 December 2020.

UK sanctions regimes, which have been applied in Island law with modifications, will come into operation from this time.

It is the policy of the Isle of Man Government to maintain the implementation of international sanctions measures in the Isle of Man, in line with such measures as have effect in the United Kingdom from time to time.

The applied sanctions regulations include:

  • the purposes of the sanctions regime (what the Island hopes will be achieved through imposing sanctions)
  • who will be subject to sanctions
  • the type of sanctions, such as trade and financial sanctions
  • details of exemptions that may apply, such as exemptions which allow people to trade with a certain country that would otherwise be prohibited by the regulations
  • how the Isle of Man Government will enforce sanctions
  • other rules, such as circumstances in which information about sanctions may be shared

What you need to do

Check new legislation and ensure you comply with its requirements, and read the sanctions regime guidance.

Financial Sanctions - General Guidance

UK Consolidated List

List of Entities subject to capital market restrictions

Proscribed terrorist groups and organisations

UK Sanctions list

Sanctions guidance with effect from 1 January 2021

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