This news release is issued in respect of the restrictive measures directed against certain persons and entities in view of the situation in Syria.
Annex II to Council Regulation (EC) No 36/2012 has been amended with effect from 27 September 2014, following the publication of Commission Implementing Regulation (EU) No 1013/2014.
The reason for designating Samir Hassan has been changed and details for two existing entries have been amended.
Deleted information appears in square brackets [ ]. Additional information appears in italics.
RELISTING
Individual
HASSAN, Samir
Other Information: He is a prominent businessman. Since March 2014, he has held the position of Vice Chairman for Russia of the Bilateral Business Councils. [Close business associate of Maher Al Assad.]
Group ID: 12053
AMENDMENTS
Entities
[OCEANS] OVERSEAS PETROLEUM TRADING
a.k.a.:
- Overseas Petroleum Company
- Overseas Petroleum Trading [Tradeing] [(]SAL[)] (Off-Shore)
Address: Dunant Street, Snoubra Sector, Beirut, Lebanon
Other Information: Organises covert shipments of oil to the Syrian regime.
Group ID: 13026
TRI OCEANS TRADING
a.k.a.: Tri-Ocean Energy
Address: 35b Saray El Maadi Tower, Corniche El Nile, Cairo, P.O. Box 1313, Maadi, Egypt, 11431
Other Information: Organises covert shipments of oil to the Syrian regime.
Group ID: 13027
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 individuals and entities. 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. Where a relevant institution has already reported details of accounts, other funds or economic resources held frozen for the designated persons or entities, they are not required to report these details again.
Further details of the sanctions regime related to Syria 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 web site.