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Written question asked by Baroness Curran (Labour) on Monday, 2 March 2026, in the House of Lords. It was due for an answer on Monday, 16 March 2026. It was answered by Lord Livermore (Labour) on Tuesday, 17 March 2026 on behalf of the Treasury.


Television: Georgia

Question

To ask His Majesty's Government, following their decision to impose sanctions on Georgian news channels Imedi TV and Post TV, whether they have advised London-listed Georgian banking institutions of the consequences of non-compliance with those sanctions.

Answer

The Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, is the UK’s competent authority for the implementation of UK financial sanctions.

It is the responsibility of all UK persons, including companies, to comply fully with UK financial sanctions. OFSI does not routinely advise institutions on an individual basis of the consequences of non-compliance with UK financial sanctions.

OFSI does undertake regular industry engagement and publishes comprehensive guidance to ensure financial sanctions are understood and complied with effectively across a range of sectors, including the banking and financial sectors. OFSI will take proportionate enforcement action where it identifies breaches of UK financial sanctions.


Secondary information

Type
Written question
Reference
HL15027
Session
2024-26
Subjects
Georgia Television Sanctions
Link
View this Written question on www.parliament.uk