Tag Archives: al-qaida

UK’s Office of Financial Sanctions Implementation (OFSI) Updates Financial Sanctions

OFSI, part of the HM Treasury, working toward ensuring that financial sanctions are properly implemented and enforced in the UK, has updated numerous financial sanctions that are currently in force. The recent updates are for financial sanctions in the following regions and industries: ISIL/Da’esh and Al-Qaida Organizations Nicaragua Venezuela Central African Republic Ukraine – Sovereignty and Territorial Integrity Syria Libya … Continue Reading

EU Updates Its List of Sanctioned Entities

In October 2018, the EU decided to amend its list of sanctioned entities and persons in the following countries: Burundi, Guinea and North Korea. Further, the European Commission added new persons to sanctions directed against the ISIL (Da’esh) and Al-Qaida organizations, and removed restrictions imposed on one Iraqi entity. The up-to-date consolidated list of all entities and people subject to EU … Continue Reading

UK Issues Terrorist Asset-Freezing Act 2010 (TAFA) Report

Under the TAFA, the UK Treasury must produce a quarterly report (the “Report”) for Parliament on the functioning of the UK’s asset-freezing regime. The Report comments on the UK implementation of the UN Al-Qaida asset-freezing regime, which operates pursuant to the Al-Qaida (Asset-Freezing) Regulations 2011. The report provides an overview of the status of various … Continue Reading