Sanctions Legislation
This section tells you about the sanctions legislation that has effect in the Island.
Policy
It is the policy of the Isle of Man Government to maintain the implementation of international sanctions measures in the Isle of Man, in line with such measures in the United Kingdom.
Sanctions are given legal effect in the Island under the following:
Primary legislation
Sanctions Act 2024
- Provides the power to give effect to United Kingdom sanctions provisions and UK blocking provisions
- Contains powers to impose civil penalties
Terrorism and Other Crime (Financial Restrictions) Act 2014
- Implements United Nations targeted financial sanctions concerned with terrorism and proliferation
Secondary legislation
Sanctions (Implementation of UK Sanctions) Regulations 2024
- Implements United Nations sanctions (other than targeted financial sanctions concerned with terrorism and proliferation)
- Implements United Kingdom sanctions
- Schedule 1 lists the UK sanctions provisions that have effect in the Island
- Schedule 2 provides the general modifications that apply to the UK sanctions provisions
- Schedule 3 provides specific modifications to certain UK sanctions provisions
