This news release is issued to publicise the removal of one entry under the ISIL (Da’esh) and Al-Qaida sanctions regime.
The ISIL (Da’esh) and Al-Qaida (Sanctions) (EU Exit) Regulations 2019 [S.I. 2020/466] were made under the Sanctions and Anti-Money Laundering Act 2018 (the Sanctions Act) and provide for the freezing of funds and economic resources of certain persons, entities or bodies associated with ISIL (Da’esh) or Al-Qaida. The ISIL (Da’esh) and Al-Qaida (Sanctions) (EU Exit) Regulations 2019 have effect in the Isle of Man by the Isle of Man by the ISIL (Da’esh) and Al-Qaida (United Nations) Sanctions (Application)Regulations 2020 [SD 2020/0478].
The following entry has been removed from the UK’s Consolidated List and is no longer subject to an asset freeze.
- Khalifa Muhammad Turki AL-SUBAIY (Group ID: 10747)
Full details can be found in the attached Annex to this news release.
Further details of the sanctions regime related to ISIL (Da’esh) and Al-Qaida and links to other financial sanctions regimes may be found on the Customs and Excise pages of the Isle of Man Government website.