News

Sanctions Notice - Afghanistan and Somalia

19th November 2015

Please be advised that there have been a number of developments in relation to the Bailiwick's sanctions regime which are set out below.  These developments concern sanctions relating to Afghanistan and Somalia.

AFGHANISTAN

Council Regulation (EU) No 753/2011, as implemented by the Afghanistan (Restrictive Measures) (Guernsey) Ordinance, 2011, the Afghanistan (Restrictive Measures) (Alderney) Ordinance, 2011 and the Afghanistan (Restrictive Measures) (Sark) Ordinance, 2011, has been amended by Council Implementing Regulation (EU) No 2015/2043 with effect from 17 November 2015.  The amendment gives effect to a recent change to the list maintained under United Nations Security Council Resolution 1267 that was the subject of a previous sanctions notice.

The Implementing Regulation is available here: Council Implementing Regulation (EU) 2015/2043

The effect of the amendment, which is automatically effective in the Bailiwick, is to add one individual to the list of persons subject to an asset freeze and related financial prohibitions.

MEASURES WHICH SHOULD BE TAKEN

All businesses must check whether they maintain any accounts or otherwise have any kind of relationship with the person referred to above or with any other natural or legal person, entity or body designated under the legislation and treat any accounts, funds or economic resources belonging to, owned, held or controlled by a designated person, entity or body as frozen with immediate effect if this is not already the case.  Businesses must report any findings to the Policy Council immediately.  Businesses must also refrain from making any funds or economic resources available directly or indirectly to or for the benefit of any designated person, entity or body other than transactions that come within a permitted derogation as determined by the Policy Council.

The information referred to above is required by the Policy Council in the exercise of its powers under the Schedule to each of the Ordinances listed above.

Any information or queries should be sent to [email protected]/* */ with the subject line 'Afghanistan'.

Further information on the effect of asset freezes and related issues including licences is available on the States of Guernsey website at http://www.gov.gg/sanctions

SOMALIA

Council Regulation (EU) 356/2010, as implemented by the Somalia (Restrictive Measures) (Guernsey) Ordinance, 2012, the Somalia (Restrictive Measures) (Alderney) Ordinance, 2012 and the Somalia (Restrictive Measures) (Sark) Ordinance, 2012, has been amended by Council Regulation (EU) No 2015/2044 with effect from 17 November 2015.

The Implementing Regulation is available here: Council Implementing Regulation (EU) 2015/2044

The effect of the amendment, which is automatically effective in the Bailiwick, is to remove one individual from the list of persons subject to an asset freeze and related financial prohibitions. 

MEASURES WHICH SHOULD BE TAKEN

All businesses must check whether they maintain any accounts or otherwise have any kind of relationship with any natural or legal person, entity or body designated under the legislation and treat any accounts, funds or economic resources belonging to, owned, held or controlled by a designated person, entity or body as frozen with immediate effect if this is not already the case. Businesses must report any findings to the Policy Council immediately. Businesses must also refrain from making any funds or economic resources available directly or indirectly to or for the benefit of any designated person, entity or body other than transactions that come within a permitted derogation and have been authorised by the Policy Council. 

The information referred to above is required by the Policy Council in the exercise of its powers under the Schedule to each of the Ordinances listed above.

Any information or queries should be sent to [email protected]/* */ with the subject line 'Somalia sanctions'.

Further information on the effect of asset freezes and related issues including licences is available on the States of Guernsey website at http://www.gov.gg/sanctions