Financial Crime

​Council Regulation (EC) No 765/2006 of 18 May 2006, as implemented in the Bailiwick by the Belarus (Freezing of Funds) (Guernsey) Ordinance, 2006, the Belarus (Freezing of Funds) (Alderney) Ordinance, 2006 and the Belarus (Freezing of Funds) (Sark) Ordinance, 2006, has been amended by Council Implementing Regulation (EU) No 2015/1133. The Implementing Regulation is available here: Council...

Council Implementing Regulation (EU) No. 740/2014 in respect of Council Regulation (EC) No. 765/2006 of 18 May 2006, as implemented in the Bailiwick by the Belarus (Freezing of Funds) (Guernsey) Ordinance, 2006, the Belarus (Freezing of Funds) (Alderney) Ordinance, 2006 and the Belarus (Freezing of Funds) (Sark) Ordinance, 2006, is subject to a Corrigendum. The Corrigendum to the Implementing...

Council Regulation (EC) No 329/2007, as implemented in the Bailiwick by the North Korea (Restrictive Measures) (Guernsey) Ordinance, 2007, the North Korea (Restrictive Measures) (Alderney) Ordinance, 2007, and the North Korea (Restrictive Measures) (Sark) Ordinance, 2007, has been amended by Commission Implementing Regulation (EU) No 2015/1062. The Implementing Regulation is available here...

HM Treasury has renewed the final designation of four individuals under the Terrorist Asset Freezing etc. Act 2010 (“the Act”). Further information is available here: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/441397/General_Notice_of_Renewal_of_Final_Designation__MUTHANA_MUTHANA_AMIN_KHAN_.pdf The individuals concerned are therefore Designated Persons for the...

The Commission has today amended Appendix C to the Handbook for Financial Services Businesses on Countering Financial Crime and Terrorist Financing and the Handbook for Legal Professionals, Accountants and Estate Agents on Countering Financial Crime and Terrorist Financing. The Commission has added Bermuda to the list of countries or territories whose regulated businesses may be treated as if they...

HM Treasury has renewed the final designation of one individual under the Terrorist Asset Freezing etc. Act 2010 (“the Act”). Further information is available here: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/438509/fin_sanc_notice_Hassan_Nur_250615.pdf The individual concerned is therefore a Designated Persons for the purposes of the Act and continues to be subject...

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 2015/1001. The Implementing Regulation is available here: Council Implementing Regulation...

Council Regulation (EC) No 36/2012, as implemented by the Syria (Restrictive Measures) (Guernsey) Ordinance, 2012, the Syria (Restrictive Measures) (Alderney) Ordinance, 2012 and the Syria (Restrictive Measures) (Sark) Ordinance, 2012, has been amended by Council Implementing Regulation (EU) No 2015/961. The Implementing Regulation is available here: Council Implementing Regulation (EU) 2015/961...

Please be advised that the United Nations Security Council has amended the details relating to 3 individuals and 5 entities on the list of persons associated with 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 information about the amendments is available here...