This news release is issued to publicise the amendment to the details of eight existing entries under the ISIL (Da’esh) and Al-Qaida sanctions regime.
The ISIL (Da’esh) and Al-Qaida (Sanctions) (EU Exit) Regulations 2019 (S.I. 2020/466) were made under the Sanctions and Anti-Money Laundering Act 2018 (the Sanctions Act) and provide for the freezing of funds and economic resources of certain persons, entities or bodies associated with ISIL (Da’esh) or Al-Qaida. The ISIL (Da’esh) and Al-Qaida (Sanctions) (EU Exit) Regulations 2019 have effect in the Isle of Man by the Isle of Man by the ISIL (Da’esh) and Al-Qaida (United Nations) Sanctions (Application)Regulations 2020 [SD 2020/0478].
On 24 March 2021, the Foreign Commonwealth and Development Office updated the UK Sanctions List.
The following entries have been amended and remain subject to an asset freeze.
- Khalifa Muhammad Turki AL-SUBAIY (Group ID: 10747)
- Hamid Hamad Hamid AL-‘ALI (Group ID: 13088)
- ‘Abd Al-Rahman Bin ‘Umayr AL-NU’AYMI (Group ID: 13131)
- Ashraf Muhammad Yusuf ‘UTHMAN ‘ABD AL-SALAM (Group ID: 13194)
- Ibrahim ‘Isa Hajji Muhammad AL-BAKR (Group ID: 13195)
- ‘Abd Al-Malik Muhammad Yusuf ‘UTHMAN ‘ABD AL-SALAM (Group ID: 13197)
- Abd Al-Latif Bin Abdallah Salih Muhammad AL-KAWARI (Group ID: 13278)
- Sa’d Bin Sa’d Muhammad Shariyan AL-KA’BI (Group ID: 13280)
Full details can be found in the attached Annex to this news release.
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 individuals. 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.
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.
Further details of the sanctions regime related to ISIL (Da’esh) and Al-Qaida 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.