Financial Sanctions Notice Syria 8 July 2021

1. The Syria (Sanctions) (EU Exit) Regulations 2019 (the “UK Regulations”) provide for the freezing of funds and economic resources of certain persons, entities or bodies involved in repressing the civilian population in Syria or who is or has been involved in supporting or benefitting from the Syrian regime and who are or have been carrying on prohibited activities related to chemical weapons.

2. The Sanctions and Asset-Freezing (Implementation of External Sanctions) (Jersey) Order 2021 (the “Order”), made under the Sanctions and Asset-Freezing (Jersey) Law 2019 (“SAFL”), links to the UK Regulations.

3. Any changes to asset-freeze designations made under the UK Regulations are effective immediately by virtue of the ambulatory provisions in Jersey’s sanctions legislation.

4. An asset freeze no longer applies to the person listed in the Annex to this Notice under Part 3 of SAFL.

5. The following designation has been removed and is no longer subject to an asset freeze:

6. Further information on sanctions can be found on the Government of Jersey website and the Jersey Financial Services Commission (JFSC) website.

7. Jersey guidance on the Syria sanctions regime is available on JFSC website.

8. Copies of Jersey sanctions legislation, including the Order and SAFL, can be found on the Jersey Legal Information Board website.

9. A copy of the UK Regulations can be obtained from legislation.gov.uk and other relevant information about this regime can be found on gov.uk.

10. A copy of the UK sanctions list can be found here.

11. A copy of the OFSI consolidated list can be found here.

12. Non-media enquiries, suspected breach reports and licence applications should be addressed to:

Head of International Compliance

Office of the Chief Executive

External Relations

sanctions@gov.je

13. Full details of the deletion can be found here.