This news release is issued in respect of the asset freezing measures relating to Libya.
Annex II to Regulation (EU) No 2016/44 has been amended with effect from 19 September 2018, following the publication of Council Implementing Regulation (EU) No 2018/1245 (“the Amending Regulation”).
The Amending Regulation reflects the decision made on 11 September 2018 by the United Nations Security Council Committee to add one individual to the list of persons and entities subject to restrictive measures.
Addition
JADHRAN Ibrahim Saeed Salim
DOB: --/--/1982.
Nationality: Libya
Position: Leader of armed militias
Other Information: UN Ref LYi.027. Name of mother Salma Abdula Younis. UN Listing.
Listed on: 19/09/2018 Last Updated: 19/09/2018 Group ID: 13711
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 person. 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 FIU.
Failure to comply with financial sanctions legislation or to seek to circumvent its provisions is a criminal offence.
Further details of the sanctions regime related to Libya and links to the UK’s 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.
