Sanctions Notices - Iran, ISIL (Da'esh) and Al-Qaida Network

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 Iran, ISIL (Da’esh) and Al-Qaida Network.

 

IRAN

Council Regulation (EU) No 267/2012, as implemented in the Bailiwick by the Iran (Restrictive Measures) (Guernsey) Ordinance, 2012, the Iran (Restrictive Measures) (Alderney) Ordinance, 2012 and the Iran (Restrictive Measures) (Sark) Ordinance, 2012, has been amended by Council Implementing Regulation (EU) No 2015/1862.  The Implementing Regulation has been brought into force in recognition of steps taken by Iran to comply with the Joint Comprehensive Plan of Action agreed 6 months ago with the E3/EU+3.

It is available here:

http://eur-lex.europa.eu/legal-content/EN/TXT/?qid=1453390509575&uri=CELEX:32015R1862 

The effect of the amendments, which are automatically effective in the Bailiwick, is to remove a number of individuals and entities from the list of persons subject to asset freezing 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 in respect of 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 “Iran”.

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.

 

ISIL (DA’ESH) AND AL-QAIDA NETWORK

Please be advised that the United Nations Security Council has amended the details in respect of one individual (“the listed person”) on 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: 

http://www.un.org/press/en/2016/sc12204.doc.htm

The listed person is also on the list maintained by the European Union under Council Regulation (EC) No 881/2002, as implemented in the Bailiwick under 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.

MEASURES WHICH SHOULD BE TAKEN

Businesses must check whether they maintain any accounts or otherwise hold any funds or economic resources for the listed person or for any other 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 Council 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 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 “ISIL/Al-Qaida”.

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.