UKSL Sanctions designation

LLC Commercial Bank – International Settlements Bank

Entity · designated 26 September 2022

Designation identifiers

UKSL unique ID
RUS1578
OFSI group ID
15522
Designation type
Entity
Date designated
26 September 2022
Last updated
9 April 2025

Regimes

  • The Russia (Sanctions) (EU Exit) Regulations 2019

Designation sources

  • UK

Sanctions imposed

  • Asset freeze
  • Trust Services Sanctions
  • Director Disqualification Sanction
  • Prohibition on Correspondent banking relationships and processing payments

Official reasons

  • LLC Commercial Bank – International Settlements Bank provides financial services, or makes available funds, economic resources, goods or technology, that could contribute to destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine. The trust services sanctions were imposed on 21/03/2023.

Other information

  • 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.

Addresses

  • Lines: 20, Stalin Street
  • Lines: Tskhinvali
  • Country: Georgia

Business registration numbers

  • 1069800001852
!

This directory is not a substitute for sanctions compliance screening. Ownership and control rules can apply to entities that are not separately named. Verify the current official list and obtain appropriate advice.