Haiti (Peace and Security) sanctions regime comes into effect in Jersey on 28 December 2022
The Sanctions and Asset-Freezing (Implementation of External Sanctions) (Jersey) Order 2021 (the Sanctions Order) has been amended to add the UK Haiti (Sanctions) Regulations 2022 (the UK Haiti Regulations) to the list of implemented UK sanctions instruments under Schedule 1.
The UK Haiti Regulations implement United Nations Security Council Resolution 2653 (2022) (UNSCR 2653). The UK Haiti Regulations provide that those persons designated by the UN as responsible for or complicit in, or having engaged in, directly or indirectly, actions that threaten the peace, security or stability of Haiti are designated for the purpose of an asset-freeze in the UK. The UK Haiti Regulations also introduce, among other things, certain prohibitions in respect of military goods and technology, including restrictions against providing financial services and brokering services. Derogations to the restrictive measures are possible, as well as exemptions for humanitarian purposes.
Adding the UK Haiti Regulation to the Sanctions Order means that these asset-freeze designations and other prohibitions are implemented in Jersey effective on 28 December 2022. The Minister for External Relations and Financial Services retains the power to modify or disapply a particular UK prohibition, obligation, or license by amending the Sanctions Order or publicising a notice.
We are preparing a Haiti (Peace and Security) sanctions regime page for our website, which will go live on 28 December 2022.
All supervised persons are obliged to:
- monitor relevant sanctions legislation
- implement sanctions effective in Jersey
- have adequate policies, controls, procedures in place to effectively identify and mitigate risks the business faces, including appropriately identifying and dealing with sanctioned entities.
You should keep your supervisor informed of any potential sanctions breaches and if required, submit an asset-freeze application form and/or the suspected sanctions compliance reporting form.
Visit the UK Haiti Guidance for further information. You can also subscribe to our sanctions e-mail alerts.