UK SANCTIONS – END OF BREXIT TRANSITION PERIOD – ENTRIES REMOVED FROM LIST

On 31 December, OFSI advised that, with the end of the transition period, the UK is no longer implementing EU sanctions.  All sanctions regimes will now be implemented through UK regulations.  It has updated its Consolidated List, application forms and guidance pages as appropriate.

The EU Sanctions blog advised that the new UK-only Consolidated List, 113 individuals and entities subject to EU sanctions Regulations have not been designated by the UK so are no longer subject to an asset freeze and travel ban in the UK. It says that this presumably means the UK considered that there are not reasonable grounds to suspect the reasons given in the EU listings are correct or that it is otherwise not appropriate to list them.  The blog also advises that –

  1. 11 entries have been included in the list as aliases of existing entries (but do not have a separate listing);
  2. 10 entries are on lists where the title of the regulations under the Sanctions Act refers to a different regime than the EU Regulation under which they were previously listed;
  3. 7 UN listings no longer have an asset freeze associated with their UK listing so have been removed from the asset freeze list but are still remain with a travel ban on the UK list; and
  4. 1 entry was formerly listed under multiple regimes, but now is just under the Iran the (nuclear) regime.

https://ofsi.blog.gov.uk/2020/12/01/get-ready-for-the-end-of-the-transition-period/

If if you would like to make a (polite) gesture and make a (very) modest contribution to my ongoing with my relocation, removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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