Sanctions Notice - Iran (Nuclear Proliferation)

Council Regulation (EU) 267/2012, as implemented 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 2015/230 with effect from 14 February 2015.

The Implementing Regulation is available here: http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:JOL_2015_039_R_0002&from=EN

The amendments, which are automatically effective in the Bailiwick, add 1 natural person and 1 entity to the list of persons subject to an asset freeze and related financial prohibitions in relation to the existing designation. This is a re-listing, following successful applications by both persons to have their previous listings annulled.

ADDITIONAL LISTINGS

GOLPARVAR, Gholam Hussein

NATIONAL IRANIAN TANKER COMPANY (NITC)

MEASURES WHICH SHOULD BE TAKEN

All businesses must check whether they maintain any accounts or otherwise hold any funds or economic resources for either of these two persons or for any other person designated under the legislation listed above and 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 designated person unless licensed 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