This news release is issued in respect of the restrictive measures directed against certain persons and entities associated with the Taliban.
The European Commission has amended Annex I to Council Regulation (EC) No. 753/2011 ("the 2011 Regulation") with effect from 15 March 2014.
Annex I to the 2011 Regulation lists the persons, groups and entities covered by the freezing of funds and economic resources under that Regulation.
The amendments reflect the decisions made on 31 May, 27 June, 24 September, 18 October and 31 December 2013 by the United Nations Sanctions Committee established pursuant to resolution 1988 (2011) to remove one individual and amend the identifying information of 46 existing entries.
The individual removed from the Consolidated List is no longer subject to an asset freeze.
Details of the additional entries and amendments to existing entries can be found in the attached Annex.
Financial institutions and other persons are requested to check whether they maintain any accounts or otherwise hold funds or economic resources for, or provide financial services to, the designated persons. If so, they must freeze such accounts or other funds and, unless licensed by the Treasury, refrain from dealing with said funds or economic resources, and suspend the provision of any financial services. They must also report their findings to the Sanctions Officer at the Customs and Excise Division of the Treasury. Where a relevant institution has already reported details of accounts, other funds or economic resources held frozen for the designated persons they are not required to report these details again.
Further details of the sanctions regime related to Afghanistan and links to the Consolidated List of individuals and entities subject to other financial sanctions regimes may be found on the Customs and Excise pages of the Isle of Man Government website.
