This news release is issued to publicise the removal of 2 entries under the Iraq Regime.
The Iraq (Sanctions) (EU Exit) Regulations 2020 (S.I. 2020/707) 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 involved in the former Government of Iraq and its state bodies, corporations or agencies. The Iraq (Sanctions) (EU Exit) Regulations 2020 have effect in the Isle of Man by the Iraq Sanctions (Application) Regulations 2020 [S.D. 2020/0500].
On 10 March 2023 the Foreign, Commonwealth and Development Office updated the UK Sanctions List. This list provides details of those designated under sanctions legislation.
DELISTINGS
The following entries have been removed from the consolidated list and are no longer subject to an asset freeze.
1. Humam Abd-Al-Khaliq ABD-AL-GHAFUR (Group ID: 7574)
Name (Non-Latin Script): ر الغفو عبد الخالق عبد همام
DOB: --/--/1945. POB: Ar-Ramadi, Iraq Good quality a.k.a: (1) AL-RAHMAN, Humam, Abd, al-Khaliq, Abd (2) RASHID, Humam, Abd-al-Khaliq Nationality: Iraq Passport Number: 0018061/104 Passport Details: Issued on 12 Sept 1993 Other Information: (UK Sanctions List Ref):IRQ0104 (UN Ref):IQi.043 Listed on: 02/07/2003 UK Sanctions List Date Designated: 27/06/2003 Last Updated: [31/12/2020] 10/03/2023 Group ID: 7574.
2. Ayad Futayyih Khalifa AL-RAWI (Group ID: 7590)
Name (Non-Latin Script): ي او الر خليفة ا فتيح عياد
DOB: --/--/1942. POB: Rawah, Iraq Nationality: Iraq Other Information: (UK Sanctions List Ref):IRQ0091 (UN Ref):IQi.030 Listed on: 02/07/2003 UK Sanctions List Date Designated: 27/06/2003 Last Updated: [31/12/2020] 10/03/2023 Group ID: 7590.
What you must do
Financial institutions and other persons are required to check whether you maintain any accounts or otherwise hold funds or economic resources for, or provide financial services to, designated individuals. If so, you must freeze such accounts or other funds and, unless licensed by the Treasury, not deal with those funds or economic resources, make those funds or economic resources available to a designated person, or make those funds or economic resources available for the benefit of a designated person. You must also report your findings to the FIU.
Failure to comply with financial and trade sanctions legislation or to attempting to circumvent its provisions is a criminal offence.
Where a relevant institution has already reported details of accounts, other funds or economic resources held frozen for the designated person, you are not required to report these details again.
Further Information
Consequently the Foreign, Commonwealth and Development Office updated the Consolidated List. This list provides details of those designated under sanctions legislation.
Further details on the UN measures in respect of Iraq can be found on the relevant UN Sanctions Committee webpage: https://www.un.org/securitycouncil/
Further details of the sanctions regime related to Iraq and links to other financial sanctions regimes may be found on the Customs and Excise pages of the Isle of Man Government website.
