OFSI sanctions listing
Yuri Valentinovich KOVALCHUK
Yuri Valentinovich KOVALCHUK is an individual designated on the HM Treasury — Office of Financial Sanctions Implementation (OFSI) (OFSI) sanctions list under the Russia programme, listed on 31/07/2014. Major shareholder of Bank Rossiya and the National Media Group. This page summarises the public designation — known aliases, Russia nationality, identifying particulars, the stated reason for listing and linked parties — alongside an independent, transparent risk indicator.
Reason for listing
(UK Sanctions List Ref):RUS0007. Financial sanctions imposed in addition to an asset freeze: Trust services. Date trust services sanctions imposed: 21/03/2023. (UK Statement of Reasons):Mr Kovalchuk is a long-time acquaintance of President Putin and co-founder of the so called Ozero Dacha, a cooperative society bringing together an influential group of individuals around President Putin. This includes close association to other involved persons. As the chairman and largest shareholder of Bank Rossiya, which is a key stakeholder in the National Media Group, Kovalchuk has actively supported actions which are undermining and threatening the territorial integrity, sovereignty and independence of Ukraine. This includes National Media Group support of Russian policy which is destabilising Ukraine; the formation of bank branches and provision of insurance and investment throughout Crimea and Sevastopol; and support to military activities and the formation of major transport links. Through these actions Kovalchuk is providing financial services and economic resources which are contributing to the destabilisation of Ukraine and undermining the territorial integrity of Ukraine, thereby consolidating the integration of Crimea into the Russian Federation. (Gender):Male
Statement of reasons as published by UK OFSI. This is the issuing authority's wording, reproduced for reference.
Designation record
| List / authority | UK OFSI (OFSI) — Russia |
|---|---|
| Entity type | Person |
| Programmes / regime | Russia |
| Date listed | 31/07/2014 |
| Source record ID | ofsi:13075 |
| Last updated (our copy) | 2026-06-04 |
Identity & particulars
| Position / role | Major shareholder of Bank Rossiya and the National Media Group |
|---|---|
| Date of birth | 25/07/1951 |
| Place of birth | Leningrad (St Petersburg), Russia |
| Nationality / country | Russia |
| Address(es) | Russia |
Deep-research dossier
Not yet deep-researched
The instant review above is drawn from the public lists. A deep-research dossier goes much further — an analyst-grade OSINT report: associate & co-investment network screening, structural / ownership opacity, a dated risk trajectory, an 8-factor scoring model, and numbered, source-linked evidence. See the format in the design system.
Clarifications & right of reply
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Source & provenance
| Issuing authority | HM Treasury — Office of Financial Sanctions Implementation (OFSI) |
|---|---|
| Source identifier | ofsi:13075 |
| Aggregated by | Sanctiometer (independent) — verify against the issuing authority's official list before acting. |