UKSL Sanctions designation

Demetris Ioannides

Individual · designated 11 April 2023

Designation identifiers

UKSL unique ID
RUS1815
OFSI group ID
15871
Designation type
Individual
Date designated
11 April 2023
Last updated
3 September 2025

Regimes

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

Designation sources

  • UK

Sanctions imposed

  • Asset freeze
  • Trust Services Sanctions
  • Director Disqualification Sanction

Official reasons

  • Demetris Ioannides is Managing Director of Cyprus-based corporate services provider Meritservus HC Limited. Ioannides is an involved person under the Russia (Sanctions) (EU Exit) Regulations 2019 on the basis of the following grounds: (1) Ioannides is acting on behalf of or at the direction of a person who is or has been involved in obtaining a benefit from or supporting the Government of Russia, namely Roman Arkadyevich Abramovich; (2) Ioannides is associated with a person who is or has been involved in obtaining a benefit from or supporting the Government of Russia, namely Roman Arkadyevich Abramovich.

Other information

  • The Director Disqualification Sanction was imposed on 09/04/2025.

Addresses

  • Lines: 1 EFTAPATO COURT
  • Lines: ARCHIEPISKOPOU MAKARIOU III
  • Lines: LIMASSOL
  • Postcode: 255 3105
  • Country: Cyprus
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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.