Sanctions Notice - Syria

Please be advised that the following entries have been removed from the UK Syria financial sanctions regime and are no longer subject to an asset freeze:

• REAL ESTATE BANK OF SYRIA (REB) (UNIQUE ID: SYR0326)
• SAVING BANK (UNIQUE ID: SYR0327)
• AGRICULTURAL COOPERATIVE BANK (UNIQUE ID: SYR0277)
• CENTRAL BANK OF SYRIA (UNIQUE ID: SYR0285)
• COMMERCIAL BANK OF SYRIA (UNIQUE ID: SYR0290)
• INDUSTRIAL BANK (UNIQUE ID: SYR0308)
• POPULAR CREDIT BANK (UNIQUE ID: SYR0324)
• SYRIAN LEBANESE COMMERCIAL BANK (UNIQUE ID: SYR0333)
• COTTON MARKETING ORGANISATION (UNIQUE ID: SYR0291)
• DEIR EZ-ZUR PETROLEUM COMPANY (UNIQUE ID: SYR0292)
• DIJLA PETROLEUM COMPANY (UNIQUE ID: SYR0293)
• EBLA PETROLEUM COMPANY (UNIQUE ID: SYR0296)
• OVERSEAS PETROLEUM TRADING (UNIQUE ID: SYR0321)
• PANGATES INTERNATIONAL CORPS. LTD (UNIQUE ID: SYR0322)
• AL FURAT PETROLEUM COMPANY (UNIQUE ID: SYR0281)
• GENERAL ORGANISATION OF TOBACCO (UNIQUE ID: SYR0302)
• GENERAL PETROLEUM CORPORATION (GPC) (UNIQUE ID: SYR0303)
• MAHRUKAT COMPANY (UNIQUE ID: SYR0312)
• SYRIA TRADING OIL COMPANY (SYTROL) (UNIQUE ID: SYR0329)
• SYRIAN COMPANY FOR OIL TRANSPORT (UNIQUE ID: SYR0332)
• SYRIAN PETROLEUM COMPANY (UNIQUE ID: SYR0335)
• THE BANIYAS REFINERY COMPANY (UNIQUE ID: SYR0338)
• THE HOMS REFINERY COMPANY (UNIQUE ID: SYR0339)
• SYRIAN ARAB AIRLINES (UNIQUE ID: SYR0330)

The consolidated list has been updated and can be found here.

The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit) Regulations, 2020 that have been made under the Sanctions (Bailiwick of Guernsey) Law, 2018 (the Sanctions Law).

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.