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Minister expects more Russian sanctions

Island mirroring UK changes

The Isle of Man must mirror sanctions on Russia as part of its position as a 'responsible jurisdiction'.

That's the message from the treasury minister.

The Island has updated its guidance to fall in line with moves announced by the UK Government.

Sanctions include freezing UK held assets in five Russian banks and those of three wealthy individuals.

David Ashford says he expects further restrictions to be forthcoming in the days ahead:

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