Covid-19 Coronavirus

Financial Sanctions: Zimbabwe

Friday, 22 February 2013

This news release is issued in respect of the financial measures taken against Zimbabwe.

The Treasury advises that following the publication of Commission Implementing Regulation (EU) No 145/2013, the Commission of the European Communities has amended Annex III to Council Regulation (EC) No 314/2004, with effect from 21 February 2013.

Details of the 21 individuals and 1 entity removed from the list to whom the financial restrictions should apply can be found by accessing the annex toHM Treasury’s notificationof 21 February 2013.

The individuals and entity whose names have been removed from the list are no longer subject to the asset freeze imposed by the 2004 Regulation.

Financial institutions and other persons are required to check whether they maintain any accounts or otherwise hold any funds, other financial assets, economic benefits and economic resources for the individuals and entities named. If so, they should freeze the accounts or other funds and report their findings to the Sanctions Officer at Customs and Excise.

Further details of the sanctions regime related to Zimbabwe and links to the consolidated list of individuals and entities subject to these and other financial sanctions regimes may be found on the Customs and Excise pages of the Isle of Man Government web site.

Issued By

Back to top