The financial sanctions under each of the UK Regulations have been extended to the Virgin Islands by virtue of Orders in Council.

For example, Section 2 of The Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) Order 2020 provides that the Democratic People’s Republic of Korea (Sanctions) (EU Exit) Regulations 2019 have been extended to each British Overseas Territory and is therefore applicable.

These instruments provide for the legislative framework which enables the relevant authorities to take the necessary action to, among other things, freeze the funds/assets of designated persons and entities. Failure to comply with restrictions and prohibitions in relation to sanctions imposed under the relevant UK Regulations applicable to the Virgin Islands constitutes an offence which may result in the imposition of penalties or imprisonment when a conviction is secured.

Applicable Regulations For Sanctions Orders In Force

S.I. No: 2020 No. 948 Regulation: The Afghanistan (Sanctions) (EU Exit) Regulations 2020
Regime: AFGHANISTAN
Link to Document
S.I. No: 2019 No. 600 Regulation: The Republic of Belarus (Sanctions) (EU Exit) Regulations 2019
Regime: BELARUS
Link to Document
S.I. No: 2021 No. 1146 Regulation: The Republic of Belarus (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2021
Regime: BELARUS
Link to Document
S.I. No: 2020 No. 608 Regulation: The Bosnia and Herzegovina (Sanctions) (EU Exit) Regulations 2020
Regime: BOSNIA AND HERZEGOVINA
Link to Document
S.I. No: 2019 No. 1142 Regulation: The Burundi (Sanctions) (EU Exit) Regulations 2019
Regime: BURUNDI
Link to Document
S.I. No: 2020 No. 616 Regulation: The Central African Republic (Sanctions) (EU Exit) Regulations 2020
Regime: CENTRAL AFRICAN REPUBLIC
Link to Document
S.I. No: 2020 No. 1267 Regulation: The Chemical Weapons (Sanctions) (Overseas Territories) Order 2020
Regime: CHEMICAL WEAPONS
Link to Document
S.I. No: 2019 No. 577 Regulation: The Counter-Terrorism (Sanctions) (EU Exit) Regulations 2019
Regime: COUNTER-TERRORISM (DOMESTIC)
Link to Document
S.I. No: 2019 No. 573 Regulation: The Counter-Terrorism (International Sanctions) (EU Exit) Regulations 2019
Regime: COUNTER-TERRORISM (INTERNATIONAL)
Link to Document
S.I. No: 2020 No. 597 Regulation: The Cyber (Sanctions) (EU Exit) Regulations 2020
Regime: CYBER ACTIVITY
Link to Document
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