This news release is issued to publicise the correction of one entry under the Counter Terrorism (Domestic) sanctions regime.
The following UK Regulations have effect in the Isle of Man by the Sanctions (Implementation of UK Sanctions) Regulations 2024 (‘the Regulations’), which are made under the Sanctions Act 2024:
- the Counter-Terrorism (Sanctions) (EU Exit) Regulations 2019
- Counter-Terrorism (International Sanctions) (EU Exit) Regulations 2019.
They put in place measures for the purpose of furthering the prevention of terrorism in the Isle of Man (IOM), the United Kingdom or elsewhere and protecting national security interests.
Those persons who are designated under this regime are included on the UK sanctions list.
Types of sanctions applicable under this regime:
- Asset freeze
- Trade
- Immigration
- Travel ban
On 9 December 2024, the Foreign, Commonwealth and Development Office updated the UK sanctions list. This list provides details of those designated under sanctions legislation.
Correction
One entry has been corrected on the Consolidated List and is still subject to an asset freeze.
Deleted information appears in [square brackets]. Additional information appears in italics.
Individuals
- SHERIDAN, Brian Anthony
Title: Mr DOB: 15/11/1976. POB: Armagh, United Kingdom Nationality: United Kingdom Passport Number: 651415140 Passport Details: UK Passport National Identification Number: JG837377B National Identification Details: National Insurance number Other Information: (UK Sanctions List Ref): CTD0005. (UK Statement of Reasons): There are reasonable grounds to suspect that Brian SHERIDAN (‘SHERIDAN’) is an involved person under Regulation 6 of the Counter-Terrorism (Sanctions) (EU Exit) Regulations 2019 on the basis of the following grounds: 1. SHERIDAN is and has been involved in terrorist activity by providing financial services, or making available funds or economic resources, for the purposes of terrorism. 2. SHERIDAN is and has been involved in terrorist activity by supporting or assisting another person involved in providing financial services, or making available funds or economic resources, for the purposes of terrorism. 3. SHERIDAN is and has been involved in terrorist activity by facilitating terrorism. 4. SHERIDAN is associated with persons who are or have been involved in terrorist activity, namely the New IRA, and various supporters thereof. (Gender): Male Listed on: 03/12/2024 UK Sanctions List Date Designated: 03/12/2024 Last Updated: [03/12/2024] 06/12/2024 Group ID: 16705
What you must do
If you suspect a person or entity is a match to a person or entity included in the UK Sanctions List, and you hold or otherwise deal with funds or economic resources of that person -
- You must freeze the assets immediately
- You must review the information you hold for that person against the UK Sanctions List to ensure you do not have a false positive identification
- Do not deal with those assets or make them available to, or for the benefit of the designated person unless:
- You have a legal exemption
- You have a licence
- You must report the frozen assets to the FIU
If you have a suspicion or knowledge that there has been a breach of sanctions law, or any attempted transactions that you have blocked, report your suspicions to the FIU.
Failure to comply with financial and trade sanctions legislation or to attempting 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 person, you are not required to report these details again.
Note: determining if a customer is on the UK Sanctions List includes whether any corporate entity is owned or controlled, directly or indirectly, by a person on the UK Sanctions List.
Further guidance on false positives and delistings and what to do can be found in the Financial Sanctions General Guidance page.
Further Information
Further details on the UN measures in respect of Counter Terrorism sanctions can be found on the relevant UN Sanctions Committee webpage.
Further information on the sanctions regime related to Counter Terrorism and other sanctions related guidance can be found on the Sanctions and Export Control website on the Sanctions Guidance page.
Contact details for enquiries
If you require any further information or guidance, please contact the Sanctions Team on:
Telephone: +44 1624 648109
Email: sanctions@gov.im
Please note: We are unable to provide legal advice. You may need to seek independent legal advice.
