Our Island Plan

Financial Sanctions Global Human Rights

Tuesday, 14 October 2025

This news release is issued to publicise the addition of twelve entries under the Global Human Rights sanctions regime.

The Global Human Rights Sanctions Regulations 2020 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. The Regulations impose financial and immigration sanctions in order to deter, and provide accountability for, activities which, if carried out by or on behalf of a state within the territory of that state, would amount to a serious violation by that state of an individual’s:

  • Right to life
  • Right not to be subjected to torture or cruel, inhuman or degrading treatment or punishment
  • Right to be free from slavery, not to be held in servitude or required to perform forced or compulsory labour 

On 14 October 2025 the Foreign, Commonwealth and Development Office updated the UK Sanctions List. This list provides details of those designated under sanctions legislation.

Addition

Twelve entries have been added to the UK Sanctions List and are now subject to an asset freeze. Further information can be found in the Annex to this Notice.

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:

  1. You must freeze the assets immediately

  2. 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

  3. 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

  4. 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 guidance on false positives and delistings and what to do can be found in the Financial Sanctions General Guidance page

Further Information

Further details on the UN measures in respect of Global Human Rights sanctions can be found on the relevant UN Sanctions Committee webpage.

Further information on the sanctions regime related to Global Human Rights 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.

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