Amendments to Sanctions and Asset-Freezing (Jersey) Law
The Sanctions and Asset-Freezing (Amendment No. 3) (Jersey) Law 2022 (the “Amendment”), which amends the Sanctions and Asset-Freezing (Jersey) Law 2019 (the “Sanctions Law”) will come into force on Monday 17 July 2023.
Changes have been made to provisions related to:
- Licences and Exceptions
- Terrorist Asset-Freeze Designations
- Implementation of UN Asset-Freezing Designations
- Reporting Obligations and the Minister’s powers to require information
- Extra-territorial extent
- Requests for UN asset-freezing designation and requests for assistance with UN delisting
- Regulation making power
- Removal of power to implement EU Sanctions by Order.
Visit gov.je for more details on the changes:
Financial Sanctions Notice: Sanctions and Asset-Freezing (Amendment No. 3) (Jersey) 2023 (gov.je)
Contact sanctions@gov.je if you have any questions.