Sanctions Notice - Terrorism and Terrorist Financing

​HM Treasury has renewed the final designation in respect of EUZKADI TA ASKATASUNA (ETA) under the Terrorist Asset-Freezing etc. Act 2010, with effect from 13 February 2015.  EUZKADI TA ASKATASUNA (ETA) therefore remains a Designated Person for the purposes of the Act.

HM Treasury has also made amendments to the information held on the consolidated list in respect of HIZBALLAH MILITARY WING, which is also a Designated Person for the purposes of the Act.  Details of the amendments, which are effective from 13 February 2015, can be found here: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/404038/HMW_amendments_Notice.pdf

Persons who are the subject of a designation under and within the meaning of the Act are also automatically designated persons for the purposes of the Terrorist Asset-Freezing (Bailiwick of Guernsey) Law, 2011 with immediate effect, and are subject to the asset freeze and other prohibitions in relation to designated persons in the Guernsey Law.

MEASURES WHICH SHOULD BE TAKEN

All businesses must check whether they maintain any accounts or otherwise hold any funds or economic resources for any 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 section 18 of the Terrorist Asset Freezing Law.

Any information or queries should be sent to [email protected]

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