Council Regulation (EC) No 881/2002, as implemented by the Al-Qaida (Restrictive Measures) (Guernsey) Ordinance, 2013, the Al-Qaida (Restrictive Measures) (Alderney) Ordinance, 2013 and the Al-Qaida (Restrictive Measures) (Sark) Ordinance, 2013, has been amended by Council Implementing Regulation (EU) No 2015/1390 with effect from 15 August 2015. The amendments give effect to recent changes to the list maintained under United Nations Security Council Resolution 1267 that were the subject of an earlier sanctions notice.
The Implementing Regulation is available here: Commission Implementing Regulation (EU) 2015/1390
The effect of the amendments, which are automatically effective in the Bailiwick, is to add one entity to the list of persons subject to an asset freeze and related financial prohibitions and to amend the information relating to eleven other listed persons.
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 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 “Al-Qaida”.
Further information on the effect of asset freezes and related issues including derogations is available on the States of Guernsey website at http://www.gov.gg/sanctions