UK updates Russia sanctions entry for Mikhail Fridman, adds new grounds tied to Petr Aven

LONDON, June 24, 2026 — The UK Foreign, Commonwealth and Development Office said it updated the UK Sanctions List under the Russia regime with one variation affecting Mikhail Maratovich Fridman, known on the list as Mikhail Maratovic FRIDMAN. The notice says he remains subject to an asset freeze, travel ban, trust services sanctions, director disqualification and transport-related restrictions.

The substantive change appears to be an expanded UK statement of reasons. In newly highlighted text, the government said it has “reasonable grounds to suspect” Fridman is an involved person under the Russia sanctions regulations and added a sixth ground stating that he “is associated with a person who is or has been so involved, namely Petr AVEN.” The notice also adds non-Latin script details for his name, identifying the script as Cyrillic and the language as Russian.

The updated notice simultaneously removes the addresses “London, Moscow” and the address countries “United Kingdom, Russia” from the listing, while replacing the previous last-updated date of April 9, 2025, with June 24, 2026.

Fridman was first designated by the UK on March 15, 2022, as part of a wider sanctions round announced after Russia’s invasion of Ukraine. Government records show his director disqualification sanction began on April 9, 2025.

The UK sanctions database shows Petr Aven, also sanctioned under the Russia regime, is subject to broadly similar measures, including an asset freeze, travel ban, trust services sanctions, director disqualification and transport sanctions.