This news release is issued to publicise the amendment of one entry under the Russia sanctions regime.
The Russia (Sanctions) (EU Exit) Regulations 2019 have effect in the Isle of Man by the Sanctions (Implementation of UK Sanctions) Regulations 2024 ('the Regulations'), which are made under the Sanctions Act 2024. This regime imposes financial, trade, aircraft, shipping and immigration sanctions for the purposes of encouraging Russia to cease actions which destabilise Ukraine, or undermine or threaten the territorial integrity, sovereignty or independence of Ukraine.
Individuals and entities who are designated under this regime are included on the UK Sanctions List.
Types of sanctions applicable under this regime:
- Asset freeze
- Other financial and investment restrictions
- Trade
- Immigration
- Aircraft
- Ships
On 12 March 2026 the Foreign, Commonwealth and Development Office updated the UK Sanctions List. This list provides details of those designated under sanctions legislation.
Amendment
One entry has been amended to the UK Sanctions List and is still subject to an asset freeze and trust services sanctions.
Deleted information appears in [square brackets]. Additional information appears in italics.
Individual
- Individual: Gulbakhor ISMAILOVA
Unique ID: RUS1327
Regime name: The Russia (Sanctions) (EU Exit) Regulations 2019
Sanctions imposed: Asset freeze, Travel Ban, Trust Services Sanctions, Director Disqualification Sanction
Other information: The Director Disqualification Sanction was imposed on 09/04/2025
UK statement of reasons: The Secretary of State considers that there are reasonable grounds to suspect Gulbakhor ISMAILOVA is the sister of Alisher USMANOV, an involved person under the Russia (Sanctions) (EU Exit) Regulations 2019. USMANOV was designated by the UK on 3 March 2022. As an immediate family member of USMANOV and obtaining material benefit from USMANOV, Gulbakhor ISMAILOVA is associated with an involved person and therefore ISMAILOVA is an involved person under the Russia (Sanctions) (EU Exit) Regulations 2019. The trust services sanctions were imposed on 21/03/2023
Dobs: 22/12/1959
Nationalities: Russia, Uzbekistan
Genders: Female
Country of birth: Uzbekistan
Name: Gulbakhor ISMAILOVA
Name type: Primary Name
Name: Ismailova GULBAKHOR
Name type: Primary Name Variation
Name non-latin script: Гульбахор ИСМАИЛОВА
Non latin script type: Cyrillic
Non latin script language: Russian
Address: Apartment 81-83 79 Ustabayeva Street Tashkent
Address postal code: 1000187
Address country: Uzbekistan
Designation source: UK
Date designated: 13/04/2022
Last updated: 09/04/2025 12/03/2026
OFSI group ID: 15286
What you must do in relation to amendments
If, through your sanctions compliance programme, you identify a possible match to a person or entity included in the Sanctions Lists, and you hold or otherwise deal with funds or economic resources of that person:
- You must immediately freeze any assets you hold or otherwise deal with belonging to that person (assets includes funds and economic resources, owned directly or indirectly by that person)
- You must review the information you hold for that person against the Sanctions Lists to establish whether you have a true match or a 'false positive' (see section 8 of the Financial Sanctions General Guidance)
- Where a true match is confirmed, do not deal with those assets or make them available to, or for the benefit of the designated person unless:
- You have a legal exemption
- You have a licence
- You must report the frozen assets to the FIU.
If you have a suspicion or knowledge that there has been a breach of sanctions law, or any attempted transactions that you have blocked, report your suspicions to the FIU.
Failure to comply with financial and trade sanctions legislation or to attempting to circumvent its provisions is a criminal offence.
Where a relevant institution has already reported details of accounts, other funds or economic resources held frozen for the designated person, you are not required to report these details again.
Note: determining if a customer is on the Sanctions Lists includes whether any corporate entity is owned or controlled, directly or indirectly, by a person on the Sanctions Lists.
Further Information
Contact details for enquiries
If you require any further information or guidance, please contact the Sanctions Team on:
Telephone: +44 1624 648109
Email: sanctions@gov.im
Please note: We are unable to provide legal advice. You may need to seek independent legal advice.
