Financial Sanctions Notice UK Human Rights 1 April 2021

Description

4. an asset freeze now applies to the persons listed in the Annex to this Notice under Part 3 of SAFL.

5. the following designation has been made and is now subject to an asset freeze:

• Myanmar Economic Corporation

6. the following designations have been amended and remain subject to an asset freeze:

• Mingguo CHEN
• Mingshan WANG
• Junzheng WANG
• Hailun ZHU

7. You must:

• 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.
• 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.

8. Failure to comply with sanctions legislation or to seek to circumvent its provisions is a criminal offence.

9. further information on sanctions can be found on the Government of Jersey website and the Jersey Financial Services Commission (JFSC) website.

10. Jersey guidance on the UK Human Rights sanctions regime is available on JFSC website.

11. copies of Jersey sanctions legislation, including the Order and SAFL, can be found on the Jersey Legal Information Board website.

12. 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.

13. a copy of the UK sanctions list can be found here.

14. a copy of the OFSI consolidated list can be found here.

15. non-media enquiries, suspected breach reports and licence applications should be addressed to: 

Head of International Compliance

Office of the Chief Executive

External Relations

sanctions@gov.je

16. Addition and amendments