This news release is issued to publicise the amendment of one entry under the Republic of Belarus sanctions regime.
The Republic of Belarus (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 and immigration sanctions for the purposes of encouraging the Government of Belarus to respect democratic principles and institutions, the separation of powers and the rule of law in Belarus; and refrain from actions, policies or activities which repress civil society in Belarus. The sanctions also encourage the Government to investigate properly and institute criminal proceedings against persons responsible for the disappearances of Yury Zakharanka, Viktar Hanchar, Anatol Krasouski and Dzmitry Zavadski, and to comply with international human rights law and respect human rights.
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
- Trade
- Immigration
- Aircraft
- Ships
On 19 March 2025 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 Consolidated List and is still subject to an asset freeze.
Individual
- SHAKUTIN, Alexander Vasilevich
DOB: 12/01/1959. POB: Bolshoe Babino, Orsha Rayon, Vitebsk region, Belarus a.k.a: SHAKUTIN, Aleksandr Nationality: Russia Address: Bolshoe Babino, Orsha Rayon, Vitebsk region. Other Information: (UK Sanctions List Ref): BEL0067. (UK Statement of Reasons): A longstanding associate of Alexander Lukashenko, Alexander Shakutin is a leading owner of private enterprise in Belarus. Shakutin has supported the Lukashenko regime despite the fraudulent election result. There are reasonable grounds to suspect that the support of Shakutin for the regime could be contributing to activities undermining democracy. (Gender): Male Listed on: 18/12/2020 UK Sanctions List Date Designated: 31/12/2020 Last Updated: [04/02/2022] 19/03/2025 Group ID: 14029
What you must do
If you suspect a person or entity is a match to a person or entity included in the UK Sanctions List, and you hold or otherwise deal with funds or economic resources of that person:
- You must freeze the assets immediately
- You must review the information you hold for that person against the UK Sanctions List to ensure you do not have a false positive identification
- 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 UK Sanctions List includes whether any corporate entity is owned or controlled, directly or indirectly, by a person on the UK Sanctions List.
Further information
Further information on the sanctions regime related to Republic of Belarus 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.
