|Isle of Man||Italy|
Yes, the Ministry for External Relations, in conjunction with the Minister, co-ordinates the introduction of sanctions measures and relevant sanctions legislation.
Sanctions which are in effect generally apply to:
As Jersey is not a member of the UN or the EU, UN sanctions do not directly apply to Jersey. However, as Jersey is a crown dependency of the UK, both EU and UN sanctions regimes have been substantially implemented and are observed in Jersey pursuant to orders and regulations made under domestic legislation such as the European Union Legislation (Implementation) (Jersey) Law 2014, as amended, and the United Nations Financial Sanctions (Jersey) Law 2017.
Yes. In addition to the sanctions implemented by the UN and EU, Jersey has an autonomous terrorist sanctions regime and has powers over the regulated sector under the Terrorism (Jersey) Law 2002 and related legislation, such as the Terrorist Asset-Freezing (Jersey) Law 2011, as amended, and the Money Laundering and Weapons Development (Directions) (Jersey) Law 2012, as amended.
The most frequently applied measures are:
arms embargoes and bans on associated technical assistance, training and financing
bans on exporting equipment that might be used for internal repression
asset freezes and financial sanctions on designated individuals and entities
bans on imports of raw materials or goods from the sanctions target
In general terms, it is a criminal offence to:
deal with funds or economic resources belonging to, owned, held or controlled by a designated person, if it is known, or if you have reasonable cause to suspect, that you are dealing with such funds or economic resources
make funds available to, or for the benefit of, a Designated person if it is known, or if you have reasonable cause to suspect, that you are making funds so available
make economic funds available to, or for the benefit of, a Designated person if it is known, or if you have reasonable cause to suspect, that you are making economic resources so available and, in the case of making economic resources available to a designated person, that the Designated person would be likely to exchange the economic resources, or use them in exchange, for funds, goods or services
Yes. The Jersey Financial Services Commission website displays a list of individuals and entities subject to sanctions with a direct link to the UK government consolidated list of sanctions targets. This list comprises all individuals and entities that have been designated by the UN, the EU and the UK (currently, around 2,000 designated individuals and entities).
Yes. Other lists include:
the schedule of proscribed organizations attached to the Terrorism (Jersey) Law 2002
The Department for International Trade’s UK Strategic Export Control Lists which form the basis of determining whether any products, software or technology intended for export are ‘controlled’ and therefore require an export license. These lists are published collectively as the UK Consolidated List of Strategic Military and Dual-Use Items that Require Export Authorisation. The UK Military List is another of these lists but is maintained separately
Yes. All sanctions-related license applications, notifications and authorizations are handled by the Ministry for External Relations.
It is a criminal offence to breach an obligation under a relevant sanctions measure without an appropriate license or authorization. The penalties for breaching sanctions can vary across the various regimes. However, in general terms, any individual found guilty of an offence shall be liable on conviction to a fine or imprisonment or both.
Entities acting in breach of financial sanctions can also commit a criminal offence and be liable to an unlimited fine. Where an offence has been committed by a limited partnership or a corporate body and is proven to have been committed with the consent or connivance of, or neglect on the part of, a partner of the partnership or a director, manager, secretary or similar officer of the body corporate (or any individual purporting to act in any such capacity) that individual is guilty of an offence (as well as the partnership or body corporate) and may be proceeded against accordingly. On conviction, an entity is liable to a fine and an individual is liable to a fine or imprisonment or both.
The Jersey Financial Services Commission has overall regulatory responsibility for ensuring that the finance industry complies with sanctions orders. The commission now publishes sanctions guidance on its website to raise awareness and understanding of sanctions matters.
Jersey Financial Services Commission
PO Box 267
14-18 Castle Street
The Ministry for External Relations in conjunction with the Minister, co-ordinates the introduction of sanctions measures and relevant sanctions legislation.
Ministry of External Relations
PO Box 140
Cyril le Marquand House
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