This news release is issued in respect of the restrictive measures directed against certain persons and entities in relation to Egypt.
Following the publication of Council Implementing Regulation (EU) No 2020/416, Annex I to Council Regulation (EU) No 270/2011 has been amended with effect from 21 March 2020.
The identifying information for two individuals have been amended and they remain subject to an asset freeze.
Deleted information appears in square brackets. Additional information is shown in italics.
MUBARAK, Mohamed Hosni Elsayed
Other Information: Deceased. Male. Former President of the Arab Republic of Egypt.
Listed on: 22/03/2011 Last Updated: [22/03/2011] 23/03/2020 Group ID: 11667
RASEKH, Heidy Mahmoud Magdy Hussein
a.k.a: RASSEKH, Heddy Mohamed Magdy Hussein
Other Information: Female. Spouse of Alaa Mohamed Elsayed Mubarak, son of former President of the Arab Republic of Egypt.
Listed on: 22/03/2011 Last Updated: [22/03/2018] 23/03/2020 Group ID: 11670.
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 persons. 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. Where a relevant institution has already reported details of accounts, other funds or economic resources held frozen for the designated persons they are not required to report these details again. 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 Egypt and links to the UK 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.