The Terrorism and Other Crime (Financial Restrictions) Act 2014 implements the terrorist asset-freezing requirements of UN Security Council Resolution 1373 (2001) and Council Regulation (EU) No 2580/2001.
The Treasury has renewed the final designation under the Act in respect of Parviz Khan, with effect from 5 February 2016.
This means that Parviz Khan is a designated person for the purposes of the Act and continues to be subject to financial sanctions imposed by the Act
RENEWAL OF FINAL DESIGNATION - Date of Renewal of Final Designation 05/02/2016
Individual
KHAN, Parviz
DOB: (1) 17/10/1970, (2) 16/10/1970.
POB: (1) Mirpur, Pakistan, (2) Derby, United Kingdom
Nationality: British
Passport Details: 459027340 (British)
Address: Birmingham, United Kingdom (previous address), B8.
Other Information: UK listing only. Male. Sentenced to life imprisonment in Feb 2008. In custody in the UK (as at Feb 2016)
Group ID: 9026
Part 4 of the Act allows a designated person to appeal to the High Court against any decision of the Treasury to make or vary, or not to make or vary, any interim or final designations and allows a designated person or anyone else affected by a decision of the Treasury to appeal to the High Court for a decision to be set aside.
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 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 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 Terrorism 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
