This news release is issued to publicise the addition of 2 entries under the Libya sanctions regime.
The Libya (Sanctions) (EU Exit) Regulations 2020 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. This regime imposes financial, trade and immigration sanctions for the purpose of encouraging respect for human rights in Libya, promoting the peace, stability and security of Libya and preventing migrant smuggling and human trafficking.
Individuals and entities who are designated under this regime are included on the UK sanctions list.
Types of sanctions applicable under this regime:
- Asset freeze
- Trade
- Immigration
- Aircraft
On 7 November 2024 the Foreign, Commonwealth and Development Office updated the UK Sanctions List. This list provides details of those designated under sanctions legislation.
Additions
Two entries have been added to the Consolidated List and are now subject to an asset freeze.
Individual
- AVERYANOV, Andrey
Name (non-Latin script): Андрей Владимирович АВЕРЬЯНОВ
a.k.a: (1) AVERYANOV, Andrei (2) AVERYANOV, Andrey, Vladimirovich Nationality: Russia Other Information: (UK Sanctions List Ref):LIB0078. (UK Statement of Reasons): Andrey Averyanov ('AVERYANOV') is and has been an involved person on the basis that as commander of the formerly named Wagner Group, now re-named as the 'Africa Corps' or 'Expeditionary Corps', AVERYANOV has and continues to threaten the peace, stability and security of Libya. (Gender): Male Listed on: 07/11/2024 UK Sanctions List Date Designated: 07/11/2024 Last Updated: 07/11/2024 Group ID: 16631.
Entity
- AFRICA CORPS
a.k.a: (1) Expeditionary Corps (2) PMC Wagner (3) Wagner Group Other Information: (UK Sanctions List Ref):LIB0077. (UK Statement of Reasons): The Africa Corps is and has been an involved person on the basis that the 'Africa Corps' ('Africa Corps') or 'Expeditionary Corps' and formerly known as the 'Wagner Group' or 'PMC Wagner' has and continues to threaten the peace, stability and security of Libya. Listed on: 07/11/2024 UK Sanctions List Date Designated: 07/11/2024 Last Updated: 07/11/2024 Group ID: 16630.
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 information
Further details on the UN measures in respect of Central African Republic sanctions can be found on the relevant UN Sanctions Committee webpage.
Further information on the sanctions regime related to Central African Republic 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.
