Sanctions Notice - Terrorist Financing and Cote d'Ivoire

​TERRORISM AND TERRORIST FINANCING

HM Treasury has renewed two final designations under the Terrorist Asset-Freezing etc. Act 2010.  The first renewal is in respect of Parviz KHAN and is effective from 8 February 2015.  The second renewal is in respect of HIZBALLAH MILITARY WING and is effective from 9 February 2015.  Parviz KHAN and HIZBALLAH MILITARY WING therefore remain Designated Persons for the purposes of the Act. 

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.

COTE D’IVOIRE

Council Regulation (EC) 174/2005, as implemented in the Bailiwick by the Ivory Coast (Restrictive Measures) (Guernsey) Ordinance 2005, the Ivory Coast (Restrictive Measures) (Alderney) Ordinance 2005 and the Ivory Coast (Restrictive Measures) (Sark) Ordinance, has been amended by Council Regulation (EU) 2015/192.  The effect of the amendment is that the scope of the possible derogations from the prohibition on sale, supply, transfer, or export to Côte d'Ivoire in respect of equipment which might be used for internal repression have been widened in two respects.  The first concerns equipment with ballistic protection where it is solely for civilian use in mining or infrastructure projects.  The second concerns non-lethal equipment for the sole purpose of enabling Ivorian security forces to maintain public order with “only appropriate and proportionate force”, either for the purpose of supporting the process of Ivorian Security Sector Reform, or for use by the UN Operation in the country.

MEASURES WHICH SHOULD BE TAKEN

All businesses must familiarise themselves with the changes referred to above and the relevant restrictive measures and prohibitions in Bailiwick of Guernsey legislation.  

All businesses must check whether they maintain any accounts or otherwise have any kind of relationship with any natural or legal person, entity or body designated under the legislation and treat any accounts, funds or economic resources belonging to, owned, held or controlled by a designated person, entity or body as frozen with immediate effect if this is not already the case. Businesses 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 or for the benefit of any designated person, entity or body.

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

Further information on the effect of asset freezes and related issues is available on the States of Guernsey website at http://www.gov.gg/sanctions