where a relevant institution has already reported details of accounts, other funds or economic resources held frozen for designated persons, they are not required to report these details again. 5. Failure to comply with financial sanctions legislation or to seek to circumvent its provisions is a criminal offence. Legislative details 6. On 27 September 2014 Council Implementing Regulation (EU) No 1013/2014 (“the Amending was published in the Official Journal of the European Union (O.J. Regulation”) L 283, 27.9.2014, p.9) by the Council of the European Union. 7. The Amending Regulation amended Annex II to the Regulation, with effect from 27 September 2014. Further Information 8. A copy of the Amending Regulation can be obtained from the Official Journal of the European Union website: 9. Copies of relevant Releases, certain EU Regulations, UNSC Resolutions and UK legislation can be obtained from the Syria Financial Sanctions page accessible via the Gov.uk website: 10. Please note there are also import and export restrictions on Syria that involve restrictions on insurance, reinsurance, etc. Further guidance on export and trade sanctions is available from the Gov.uk website: 11. Please see the FAQs for more information around financial sanctions: Enquiries 12. Enquiries, reports and licence applications should be addressed to: The Commissioner Financial Services Commission Brades Montserrat 30/09/2014
where a relevant institution has already reported details of accounts, other funds or economic resources held frozen for designated persons, they are not required to report these details again. 5. Failure to comply with financial sanctions legislation or to seek to circumvent its provisions is a criminal offence. Legislative details 6. On 27 September 2014 Council Implementing Regulation (EU) No 1013/2014 (“the Amending Regulation”) was published in the Official Journal of the European Union (O.J. L 283, 27.9.2014, p.9) by the Council of the European Union. 7. The Amending Regulation amended Annex II to the Regulation, with effect from 27 September 2014. Further Information 8. A copy of the Amending Regulation can be obtained from the Official Journal of the European Union website: 9. Copies of relevant Releases, certain EU Regulations, UNSC Resolutions and UK legislation can be obtained from the Syria Financial Sanctions page accessible via the Gov.uk website: 10. Please note there are also import and export restrictions on Syria that involve restrictions on insurance, reinsurance, etc. Further guidance on export and trade sanctions is available from the Gov.uk website: 11. Please see the FAQs for more information around financial sanctions: Enquiries 12. Enquiries, reports and licence applications should be addressed to: The Commissioner Financial Services Commission Brades Montserrat 30/09/2014
Financial-Sanctions-Notice-30-September-2014-Syria.docx