Monaco amends Ukraine sanctions entries, removes seven
Monaco’s minister of state amended 153 Ukraine-related asset-freeze entries and removed seven others, including Alisher Usmanov and Mikhail Fridman, through a decision dated Sept. 23.
MONACO, September 23, 2026 — Monaco’s minister of state amended 153 entries in the principality’s Ukraine-related asset-freeze register and removed seven others under Decision No. 2026-107. No separate effective date was stated.
The revisions affect 104 individuals and 71 legal entities under the EU’s Ukraine territorial integrity sanctions regime based on Regulation 269/2014. Each amended record cites EU Implementing Regulation 2026/2160 and Monaco’s latest ministerial decision among its legal grounds.
Six individuals and one legal entity were removed. The individuals include Russian businessmen Alisher Usmanov and Mikhail Fridman, Iranian military official Ali Reza Tangsiri and Alexander Leonov, director general of missile producer JSC Mashinostroyeniya. Redbird Corporate Services Ltd., a Mauritius-registered corporate and fiduciary services provider, was the sole legal entity removed.
The remaining removals concern former Russian lawmaker Yuri Shvytkin and Andrey Falaleev, rector of the V.I. Vernadsky Crimean Federal University.
The combination of revised records and removals may require updates to internal sanctions-screening data to reflect current names, aliases, identifiers and listing status.
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