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Financial Sanctions: ISIL (Da’esh) and Al-Qaida

Thursday, 7 March 2019

This news release is issued in respect of the restrictive measures directed against the ISIL (Da’esh) and Al-Qaida organisations.

Annex I to Regulation (EC) No 881/2002 has been amended with effect from 6 March 2019  following the publication of Commission Implementing Regulation (EU) No 2019/353. The Amending Regulation reflects the decision made on 28 February 2019 by the Sanctions Committee of the United Nations Security Council to add one entry to the list to whom the freezing of funds and economic resources should apply.

The following entry has been added to the UK’s Consolidated List and is now subject to an asset freeze.

Addition

Individual 

BIN LADEN Hamza Usama Muhammad

DOB: 09/05/1989.

Other Information: UN Ref QDi.421. Son of Usama bin Laden (deceased). Announced by Aiman Muhammed Rabi al-Zawahiri (QDi.006) as an official member of Al-Qaida (QDe.004). Has called for followers of Al-Qaida to commit terror attacks. Is seen as the most probable successor of al-Zawahiri. Date of UN designation 28.2.2019.

Listed on: 06/03/2019 Last Updated: 06/03/2019 Group ID: 13770.

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 designate individual. 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 FIU.

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

Further details of the sanctions regime related to ISIL and Al-Qaida and links to the UK’s 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.

Issued By

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