Is Joint Stock Company Genbank on a sanctions list?
Yes. Joint Stock Company Genbank appears on the UK Sanctions List maintained by UK Foreign, Commonwealth & Development Office (UK). Listed on 2/22/2022.
Joint Stock Company (JSC) Genbank is a Russian financial institution that operates extensively in the occupied territory of Crimea. By providing banking and other financial services in the annexed territory of Crimea it contributes to undermining or threatening the territorial integrity, sovereignty and independence of Ukraine. The trust services sanctions were imposed on 21/03/2023. — The prohibition on correspondent banking relationships and processing payments was imposed on 15/12/2023. The Director Disqualification Sanction was imposed on 09/04/2025.
- Ozerkovskaya Naberezhnaya 12, Moscow, 115184, Russia
- Sevastopolskaya Street, 13, Simferopol, Crimea, 295011, Ukraine
What does inclusion on UK-HMT mean?
Inclusion on the UK Sanctions List, published by the FCDO and enforced by OFSI, means UK persons are required to freeze the listed party's assets and refrain from making funds or economic resources available, under the Sanctions and Anti-Money Laundering Act 2018.
This explainer is informational only, is not legal advice, and does not describe the full scope of any restriction. Always verify against the primary source and consult qualified counsel.
Frequently asked
- Is Joint Stock Company Genbank on a sanctions list?
- Yes — indexed by Kleerance as appearing on the UK Sanctions List published by UK Foreign, Commonwealth & Development Office. Always confirm against the primary source before acting.
- How current is this record?
- Kleerance re-checks the source every six hours. This page reflects the most recent ingested version of the list. The publishing authority's listing date on record is 2/22/2022.
- Where can I verify this record?
- Directly at the publishing authority: https://sanctionslist.fcdo.gov.uk/docs/UK-Sanctions-List.xml.