Sanctions Notice - Iraq, ISIL (Da'esh) and Al-Qaida Network
8th September 2016Iraq
United Nations Security Council Resolution 1518, as implemented in the Bailiwick by the Iraq (United Nations Sanctions) Channel Islands Order 2000, has been amended. The effect of the amendment, which is automatically effective in the Bailiwick, is to remove one entity from the list of persons subject to financial restrictions under Resolution 1518.
Further details about the amendment are available here:
https://www.un.org/press/en/2016/sc12507.doc.htm
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 Resolution 1518, 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 HM Procureur 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 and has been authorised by HM Procureur.
The information referred to above is required by HM Procureur in the exercise of powers conferred by the 2000 Order.
Any information or queries should be sent to [email protected] with the subject line “Iraq”.
Further information on the effect of asset freezes and related issues including licences is available on the States of Guernsey website athttp://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:
https://www.un.org/press/en/2016/sc12508.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 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.
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 athttp://www.gov.gg/sanctions