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1. The Counter-Terrorism (Sanctions) (EU Exit) Regulations 2019 (the "UK Regulations") were made under the Sanctions and Anti-Money Laundering Act 2018 and provide for the imposition of financial sanctions, namely the freezing of funds and economic resources of persons who are or have been involved in terrorist activity
2. On 18 April 2023 HM Treasury designated one individual and added them to the Consolidated List.
3. On 18 April 2023 the Foreign, Commonwealth and Development Office updated the UK Sanctions List to reflect changes to those persons designated under the UK Regulations. A link to the UK Sanctions List can be found below.
4. The Sanctions and Asset-Freezing (Implementation of External Sanctions) (Jersey) Order 2021 (the "Order"), made under the Sanctions and Asset-Freezing (Jersey) Law 2019 ("SAFL"), links to the UK Regulations.
5. Any changes to asset-freeze designations made under the UK Regulations are effective immediately by virtue of the ambulatory provisions in Jersey's sanctions legislation.
6. An asset freeze now applies to the person listed in the Annex to this Notice under Part 3 of SAFL.
7. The following entry has been added to the Consolidated List and is now subject to an asset freeze:
Nazem AHMAD (UK Consolidated Group ID: 15887)
8. You must:
immediately check whether you maintain any accounts or hold any funds or economic resources for the persons set out in the Annex to this Notice.
freeze such accounts, and other funds or economic resources without prior notice and without delay.
refrain from dealing with the funds or assets or making them available (directly or indirectly) to such persons unless licensed by the Minister for External Relations ("MER").
report any findings to MER, together with any additional information that would facilitate compliance with SAFL.
provide any information concerning the frozen assets of designated persons that MER may request. Information reported to MER may be passed on to other regulatory authorities or law enforcement.
9. Failure to comply with sanctions legislation or to seek to circumvent its provisions is a criminal offence.
10. Further information on sanctions can be found on the Government of Jersey website and the Jersey Financial Services Commission (JFSC) website.
11. Jersey guidance on the Counter-Terrorism (Domestic) sanctions regime is available on JFSC website.
12. Copies of Jersey sanctions legislation, including the Order and SAFL, can be found on the Jersey Legal Information Board website.
13. A copy of the UK Regulations can be obtained from legislation.gov.uk and other relevant information about this regime can be found on gov.uk.
15. The UK Office of Financial Sanctions Implementation Consolidated List.
16. Non-media enquiries, sanctions compliance reporting, and licence applications should be addressed to:
Financial Sanctions Implementation Unit
Annex
17.
Annex to Financial Sanctions Notice Counter-Terrorism (Domestic) 18 April 2023
