This news release is issued in respect of the EU financial measures taken against certain persons in respect of actions undermining or threatening the sovereignty and territorial integrity of Ukraine.
Annex I to Council Regulation EU/269/2014 has been amended with effect from 12 May 2014.
The details of the 15 entries added to the EU sanctions list and now subject to the asset freeze areannexed.
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 report their findings to the Sanctions Officer at the Customs and Excise Division of the Treasury.
Further details of the sanctions regime related to Ukraine 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.