ISIL (Da'esh) and Al-Qaida Network
Please be advised that the United Nations Security Council has deleted one individual from the list of persons associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267. All persons on the list are subject to restrictive measures which include targeted financial sanctions.
Further details are available here:
The restrictions under the UN Resolution are implemented by Council Regulation (EC) No 881/2002, which is given effect in the Bailiwick 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.
The EU is expected to make an amendment to reflect the deletion by the UN shortly. Amendments to the EU Regulation are automatically effective in the Bailiwick.
MEASURES WHICH SHOULD BE TAKEN
Businesses must check whether they maintain any accounts or otherwise hold any funds or economic resources for any person designated under the legislation listed above, and must treat any such accounts, funds or economic resources as frozen with immediate effect if this is not already the case. They must report any findings to the Policy and Resources Committee immediately. Businesses must also refrain from making any funds or economic resources available directly or indirectly to any listed person unless this is in connection with a transaction that comes within a permitted derogation as determined by the Policy and Resources Committee.
The information referred to above is required by the Policy and Resources Committee in the exercise of its powers under the Schedule to each of the Ordinances listed above.
Terrorism and Terrorist Financing
Designations made by HM Treasury for the purposes of the Terrorist Asset Freezing etc. Act 2010 are automatically effective for the purposes of the Terrorist Asset-Freezing (Bailiwick of Guernsey) Law, 2011, and such designations also cease to have effect automatically under the Law once they are no longer effective under the Act.
The designation of PARVIS KHAN has ceased to be effective for the purposes of the Act. As a result, PARVIS KHAN is no longer a designated person for the purposes of the Law and is no longer subject to financial restrictions.
Any information or queries should be sent to [email protected]
Further information on the effect of asset freezes and related issues is available on the States of Guernsey website at http://www.gov.gg/sanctions