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 16 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 on 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: Viatcheslav KANTOR
Unique ID: RUS1127
Regime name: The Russia (Sanctions) (EU Exit) Regulations 2019
Sanctions imposed: Asset freeze, Trust Services Sanctions, Director Disqualification Sanction
Other information: The Director Disqualification Sanction was imposed on 09/04/2025.
UK statement of reasons: [Viacheslav] The Secretary of State has reasonable grounds to suspect that Viatcheslav Vladimirovich KANTOR, hereafter KANTOR, [is a prominent Russian businessman associated with Vladimir Putin. KANTOR] is an involved person under the [Chairman of] Russia (Sanctions) (EU Exit) Regulations 2019 on the [Coordinating Board] basis of [PJSC ‘Acron’ and its largest shareholder. Acron] the following ground: KANTOR is [a Russian chemical, mineral and fertilizer producer which carries on business] or has beeninvolved in obtaining a [sector of strategic significance to] benefit from or supporting the Government of Russia, [namely the Russian chemicals and extractives sectors. KANTOR therefore owns or controls] by owning and/or controlling, directly or [indirectly] indirectly, and/or [works] working as a director (whether executive or [non-executive)] (non-executive), trustee, or other manager or equivalent of [a person other than] PJSC Acron, an [individual] entity carrying on business [of economic significance to the Government of Russian] in sectors of strategic significance to [the Government of Russian. Hence KANTOR is involved in gaining a benefit from or supporting] the Government of Russia, [whose actions are destabilising Ukraine or undermining or destabilising Ukraine or undermining or threatening] namely the [territorial integrity, sovereignty or independence of Ukraine.] Russian chemicals and extractives sectors. The trust services sanctions were imposed on 21/03/2023.
Dobs: 08/09/1953
Nationalities: Russia, Israel
Positions: Chairman of the Coordinating Board of PJSC Acron
Genders: Male
Town of birth: Moscow
Country of birth: Russia
Name: Viatcheslav KANTOR
Name type: Primary Name
Name: Viacheslav KANTOR
Name type: Primary Name Variation
Name: Viacheslav Moshe KANTOR
Name type: Primary Name Variation
Name: Viacheslav Vladimirovich KANTOR
Name type: Primary Name Variation
Name: Viatcheslav Moshe KANTOR
Name type: Primary Name Variation
Name: Viatcheslav Vladimirovich KANTOR
Name type: Primary Name Variation
Name non-latin script: Вячеслав Кантор
Name non-latin script: Вячеслав Моше Кантор
Name non-latin script: Вячеслав Владимирович Кантор
Designation source: UK
Date designated: 06/04/2022
Last updated: [09/04/2025] 16/03/2026
OFSI group ID: 15075
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
Further information on the sanctions regime related to Russia and other sanctions related guidance can be found on the Sanctions and Export Control website on the Sanctions Guidance page.
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.
