Guernsey GFSC News

Sanctions Notice for Viatcheslav Kantor Updated

The Guernsey Financial Services Commission (GFSC) has updated its sanctions notice regarding Viatcheslav Kantor, designated under UK sanctions related to Russia. Businesses must immediately check for relationships with the designated individual and freeze any associated assets, reporting findings to the Policy & Resources Committee and the GFSC.

Sanctions Notice Update for Viacheslav Kantor

The Guernsey Financial Services Commission (GFSC) has updated a sanctions notice regarding Viacheslav Kantor, who is designated under UK sanctions regulations. The update reflects variations on the UK Sanctions List, with the individual remaining subject to asset freezes, travel bans, and other sanctions.

Sanctions Notice: Russia Regulations Corrected

The Guernsey Financial Services Commission (GFSC) has issued a sanctions notice correcting entries under the Russia (Sanctions) (EU Exit) Regulations 2019. Several entities and one individual remain subject to asset freezes and other sanctions, requiring businesses to check relationships and freeze assets immediately.

Russia Sanctions: Individual Revoked from UK Regime

The Guernsey Financial Services Commission (GFSC) has announced the revocation of an individual, German BELOUS (Unique ID: RUS0846), from the UK Russia financial sanctions regime. This individual is no longer subject to UK sanctions, and affected financial institutions must report any prior sanction connections to the GFSC.

GFSC Presentations on Conflicts of Interest Thematic Review

The Guernsey Financial Services Commission (GFSC) has published presentation slides from its thematic review of conflicts of interest in the investment and fiduciary sectors. The presentations, delivered on March 11, 2026, reinforced findings that firms generally manage conflicts appropriately but emphasized the need for active mitigation to ensure fair outcomes.