Where can I verify this record?

The authoritative record is published by UK Foreign, Commonwealth & Development Office at https://sanctionslist.fcdo.gov.uk/docs/UK-Sanctions-List.xml. Kleerance indexes this data for search and audit purposes but is not the primary source.

UK-HMTorganizationThe Russia (Sanctions) (EU Exit) Regulations 2019Asset freezeTrust Services Sanctions

Is PJSC SOVCOMBANK on a sanctions list?

Q: Is PJSC SOVCOMBANK on a sanctions list?

Yes. PJSC SOVCOMBANK is currently indexed by Kleerance as appearing on the UK Sanctions List published by UK Foreign, Commonwealth & Development Office. Always verify against the official primary source before taking action.

Yes. PJSC SOVCOMBANK appears on the UK Sanctions List maintained by UK Foreign, Commonwealth & Development Office (UK). Listed on 2/28/2022.

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Remarks

PJSC SOVCOMBANK is a large and profitable private bank which obtains a benefit from the Russian Government, and/or supports the Russian Government. PJSC SOVCOMBANK has received financing from the Russian Direct Investment Fund and therefore carries on business as a Government of Russia-affiliated entity. It also carries on business of economic significance to the Government of Russia in view of PJSC SOVCOMBANK'S strategic role in the Russian economy. Furthermore, PJSC SOVCOMBANK carries on business in a sector of strategic significance to the Government of Russia as it operates in the Russian financial services sector. 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.

Aliases (2)

Sovkombank·akaПАО Сoвкoмбaнк·alt

Addresses

Tekstilschik Avenue, 46 Kostroma, 156000, Russia

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 PJSC SOVCOMBANK 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 2/28/2022.
Where can I verify this record?: Directly at the publishing authority: https://sanctionslist.fcdo.gov.uk/docs/UK-Sanctions-List.xml.