This news release is issued in respect of the asset freezing measures relating to Libya.
Annex III to Council Regulation (EC) No 204/2011 has been amended with effect from 8 March 2015, following the publication of Commission Implementing Regulation (EU) No 2015/376
AMENDMENT
Additional information appears in italics
Individual
ABDULHAFIZ, Mas'ud
Title: Colonel
DOB: 01/01/1937.
POB: Tripoli, Libya
a.k.a: ABDULHAFID, Massoud
Position: Armed Forces Commander
Other Information: EU listing. Not UN. 3rd in command of Armed Forces. Significant role in Military Intelligence.
Listed on: 03/03/2011 Last Updated: 10/03/2015
Group ID: 11641.
Financial institutions and other persons are required to check whether they maintain any accounts or otherwise hold funds, financial assets, economic benefits and economic resources for the designated individual. If so, they must freeze such accounts or 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 individual they are not required to report these details again.
Further details of the sanctions regime related to Libya 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.
