This news release is issued in respect of the restrictive measures directed against certain persons and entities associated with the ISIL (Da’esh) and Al-Qaida organisations.
Annex I to Council Regulation (EU) No 2016/1686 (“the Regulation”) has been amended with effect from 25 November 2019, following the publication of Commission Implementing Regulation (EU) No 2019/1943.
The individual has been added to the list and is therefore is subject to the asset freeze imposed by the Regulation.
POB: Grase, France
Other Information: EU listing only
Listed on: 26/11/2019
Last Updated: 26/11/2019
Group ID: 13798
The individual whose name has been added to Annex I is now subject to the asset freeze imposed by the 2016 Regulation.
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. Where a relevant institution has already reported details of accounts, other funds or economic resources held frozen for the designated person, they are not required to report these details again.
Further details of the sanctions regime related to ISIL (Da’esh) and Al-Qaida 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.