Gibraltar Imposes Financial Sanctions on Individuals and Entities

The Government of Gibraltar has published a list of financial sanctions imposed on individuals and entities in accordance with international regulations. These sanctions are designed to achieve specific policy or security objectives by limiting the provision of certain financial services and restricting access to financial markets, funds, and economic resources.

New Additions to the Sanctions List

According to sources at HM Treasury’s Office of Financial Sanctions Implementation (OFSI), the Gibraltar Government has received notifications from the UK regarding new sanctions notices. These notices detail the individuals and entities that have been added to the list of sanctioned parties.

• A total of 14 new additions have been made to the list, including individuals and entities subject to financial restrictions.
• The aim of these sanctions is to disrupt the ability of these individuals and entities to access global financial systems.

Staying Informed about Sanctions Changes

It is essential for individuals and businesses operating in Gibraltar to stay informed about any changes or updates to the sanctions list. Gibraltar automatically implements United Nations sanctions, making it crucial to stay up-to-date with the latest information.

Viewing and Downloading the Sanctions List

The full list of financial sanctions imposed by Gibraltar can be viewed and downloaded from the Government’s website. The information includes:

• Details on the sanctioned parties
• Their locations
• Specific restrictions imposed

By staying informed about these sanctions, individuals and businesses operating in Gibraltar can ensure compliance with international regulations and avoid any potential penalties or fines.