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Applicable UK Regulations/ Legislative Framework - Extended to the VI

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

# Regime S.I. No Regulation Link to Regulation
1 AFGHANISTAN 2020 No. 948  The  Afghanistan  (Sanctions)  (EU  Exit)  Regulations 2020 https://www.legislation.gov.uk/uksi/2020/948/pdfs/uksi_20200948_en.pdf
2 BELARUS 2019 No. 600 The Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 https://www.legislation.gov.uk/uksi/2019/600/pdfs/uksi_20190600_en.pdf
3 BOSNIA AND HERZEGOVINA 2020 No. 608 The  Bosnia  and  Herzegovina  (Sanctions)  (EU  Exit)  Regulations  2020 https://www.legislation.gov.uk/uksi/2020/608/pdfs/uksi_20200608_en.pdf
4 BURMA 2019 No. 136 The Burma (Sanctions) (EU Exit) Regulations 2019 https://www.legislation.gov.uk/uksi/2019/136/pdfs/uksi_20190136_en.pdf
5 BURUNDI 2019 No. 1142  The Burundi (Sanctions) (EU Exit) Regulations 2019 https://www.legislation.gov.uk/uksi/2019/1142/pdfs/uksi_20191142_en.pdf
6 CENTRAL AFRICAN REPUBLIC 2020 No. 616  The  Central  African  Republic  (Sanctions)  (EU  Exit)  Regulations  2020 https://www.legislation.gov.uk/uksi/2020/616/pdfs/uksi_20200616_en.pdf
7 CHEMICAL WEAPONS 2020 No. 1267 The Chemical Weapons (Sanctions) (Overseas Territories) Order 2020  https://www.legislation.gov.uk/uksi/2020/1267/pdfs/uksi_20201267_en.pdf
8 COUNTER-TERRORISM (DOMESTIC) 2019 No. 577  The Counter-Terrorism (Sanctions) (EU Exit) Regulations 2019 https://www.legislation.gov.uk/uksi/2019/577/pdfs/uksi_20190577_en.pdf
9 COUNTER-TERRORISM (INTERNATIONAL) 2019 No. 573 The  Counter-Terrorism  (International  Sanctions)  (EU Exit)  Regulations  2019 https://www.legislation.gov.uk/uksi/2019/573/pdfs/uksi_20190573_en.pdf
10 CYBER ACTIVITY 2020 No. 597 The Cyber (Sanctions) (EU Exit) Regulations 2020 https://www.legislation.gov.uk/uksi/2020/597/pdfs/uksi_20200597_en.pdf
11 DEMOCRATIC PEOPLE'S REPUBLIC OF KOREA 2019 No. 411 The  Democratic  People’s  Republic  of  Korea  (Sanctions)  (EU  Exit)  Regulations  2019 https://www.legislation.gov.uk/uksi/2019/411/pdfs/uksi_20190411_en.pdf
12 DEMOCRATIC REPUBLIC OF CONGO 2019 No. 433 The Democratic  Republic  of  the  Congo  (Sanctions)  (EU  Exit)  Regulations  2019 https://www.legislation.gov.uk/uksi/2019/433/pdfs/uksi_20190433_en.pdf
13 GLOBAL HUMAN RIGHTS 2020 No.680 The  Global  Human  Rights  Sanctions  Regulations  2020 https://www.legislation.gov.uk/uksi/2020/680/pdfs/uksi_20200680_en.pdf
14 IRAN (HUMAN RIGHTS) 2019 No. 134  The  Iran  (Sanctions)  (Human  Rights)  (EU Exit)  Regulations  2019 https://www.legislation.gov.uk/uksi/2019/134/pdfs/uksi_20190134_en.pdf
15 IRAN (NUCLEAR) 2019 No. 461  The Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019 https://www.legislation.gov.uk/uksi/2019/461/pdfs/uksi_20190461_en.pdf
16 IRAQ 2020 No. 707 The Iraq (Sanctions) (EU Exit) Regulations 2020  https://www.legislation.gov.uk/uksi/2020/707/pdfs/uksi_20200707_en.pdf
17 ISIL (DA'ESH) AND AL-QAIDA 2019 No. 466 The  ISIL  (Da’esh)  and  Al-Qaida  (United  Nations  Sanctions)  (EU  Exit)  Regulations  2019 https://www.legislation.gov.uk/uksi/2019/466/pdfs/uksi_20190466_en.pdf
18 LEBANON 2020 No. 612 The  Lebanon  (Sanctions)  (EU  Exit)  Regulations  2020 https://www.legislation.gov.uk/uksi/2020/612/pdfs/uksi_20200612_en.pdf
19 LEBANON (ASSASSINATION OF RAFIQ HARIRI AND OTHERS) 2020 No. 617  The Lebanon (Sanctions) (Assassination of Rafiq Hariri and others) (EU Exit) Regulations 2020  https://www.legislation.gov.uk/uksi/2020/617/pdfs/uksi_20200617_en.pdf
20 LIBYA 2020 No. 1665  The Libya (Sanctions) (EU Exit) Regulations 2020 https://www.legislation.gov.uk/uksi/2020/1665/pdfs/uksi_20201665_en.pdf
21 MALI 2020 No. 705 The Mali (Sanctions) (EU Exit) Regulations 2020 https://www.legislation.gov.uk/uksi/2020/705/pdfs/uksi_20200705_en.pdf
22 MISAPPROPRIATION OF STATE FUNDS 2020 No. 1468 The  Misappropriation  (Sanctions)  (EU  Exit)  Regulations  2020 https://www.legislation.gov.uk/uksi/2020/1468/pdfs/uksi_20201468_en.pdf
23 NICARAGUA 2020 No. 610  The  Nicaragua  (Sanctions)  (EU  Exit)  Regulations  2020 https://www.legislation.gov.uk/uksi/2020/610/pdfs/uksi_20200610_en.pdf
24 REPUBLIC OF GUINEA 2019 No. 1145 The Guinea (Sanctions) (EU Exit) Regulations 2019 https://www.legislation.gov.uk/uksi/2019/1145/pdfs/uksi_20191145_en.pdf
25 REPUBLIC OF GUINEA-BISSAU 2019 No. 554  The Republic of Guinea-Bissau (Sanctions) (EU Exit) Regulations 2019 https://www.legislation.gov.uk/uksi/2019/554/pdfs/uksi_20190554_en.pdf
26 RUSSIA 2019 No. 855 The Russia (Sanctions) (EU Exit) Regulations 2019 https://www.legislation.gov.uk/uksi/2019/855/pdfs/uksi_20190855_en.pdf
27 SOUTH SUDAN 2019 No. 438  The  South  Sudan  (Sanctions)  (EU  Exit)  Regulations 2019 https://www.legislation.gov.uk/uksi/2019/438/pdfs/uksi_20190438_en.pdf
28 SUDAN 2020 No. 753 The  Sudan  (Sanctions)  (EU  Exit) Regulations  2020 https://www.legislation.gov.uk/uksi/2020/753/pdfs/uksi_20200753_en.pdf
29 SYRIA 2019 No. 792 The Syria (Sanctions) (EU Exit) Regulations 2019 https://www.legislation.gov.uk/uksi/2019/792/pdfs/uksi_20190792_en.pdf
30 SYRIA (CULTURAL PROPERTY) 2020 No. 1233  The  Syria  (United  Nations  Sanctions)  (Cultural  Property)  (EU  Exit)  Regulations  2020 https://www.legislation.gov.uk/uksi/2020/1233/pdfs/uksi_20201233_en.pdf
31 THE ISIL (DA’ESH) AND AL-QAIDA 2019 No. 466 The  ISIL  (Da’esh)  and  Al-Qaida  (United  Nations  Sanctions)  (EU  Exit)  Regulations  2019 https://www.legislation.gov.uk/uksi/2019/466/pdfs/uksi_20190466_en.pdf
32 UNAUTHORISED DRILLING ACTIVITIES  2020 No. 1474  The  Unauthorised  Drilling  Activities  in  the  Eastern  Mediterranean  (Sanctions)  (EU  Exit) Regulations 2020 https://www.legislation.gov.uk/uksi/2020/1474/pdfs/uksi_20201474_en.pdf
33 VENEZUELA 2019 No. 135  The  Venezuela  (Sanctions)  (EU  Exit)  Regulations  2019 https://www.legislation.gov.uk/uksi/2019/135/pdfs/uksi_20190135_en.pdf
34 YEMEN 2020 No. 1278  The Yemen (Sanctions) (EU Exit) (No. 2) Regulations 2020 https://www.legislation.gov.uk/uksi/2020/1278/pdfs/uksi_20201278_en.pdf
35 ZIMBABWE 2019 No. 604  The  Zimbabwe  (Sanctions)  (EU  Exit)  Regulations  2019 https://www.legislation.gov.uk/uksi/2019/604/pdfs/uksi_20190604_en.pdf
36   2017 No. 478  The United Nations and European Union Financial Sanctions (Linking) Regulations 2017 https://www.legislation.gov.uk/uksi/2017/478/pdfs/uksi_20170478_en.pdf

Applicable Regulations For Sanctions Orders In Force

S.I. No: 2020 No. 948 Regulation: The Afghanistan (Sanctions) (EU Exit) Regulations 2020
Regime: AFGHANISTAN
S.I. No: 2019 No. 600 Regulation: The Republic of Belarus (Sanctions) (EU Exit) Regulations 2019
Regime: BELARUS
S.I. No: 2020 No. 608 Regulation: The Bosnia and Herzegovina (Sanctions) (EU Exit) Regulations 2020
Regime: BOSNIA AND HERZEGOVINA
S.I. No: 2019 No. 1142 Regulation: The Burundi (Sanctions) (EU Exit) Regulations 2019
Regime: BURUNDI
S.I. No: 2020 No. 616 Regulation: The Central African Republic (Sanctions) (EU Exit) Regulations 2020
Regime: CENTRAL AFRICAN REPUBLIC
S.I. No: 2020 No. 1267 Regulation: The Chemical Weapons (Sanctions) (Overseas Territories) Order 2020
Regime: CHEMICAL WEAPONS
S.I. No: 2019 No. 573 Regulation: The Counter-Terrorism (International Sanctions) (EU Exit) Regulations 2019
Regime: COUNTER-TERRORISM (INTERNATIONAL)
S.I. No: 2019 No. 577 Regulation: The Counter-Terrorism (Sanctions) (EU Exit) Regulations 2019
Regime: COUNTER-TERRORISM (DOMESTIC)
S.I. No: 2020 No. 597 Regulation: The Cyber (Sanctions) (EU Exit) Regulations 2020
Regime: CYBER ACTIVITY
S.I. No: 2019 No. 411 Regulation: The Democratic People’s Republic of Korea (Sanctions) (EU Exit) Regulations 2019
Regime: DEMOCRATIC PEOPLE'S REPUBLIC OF KOREA
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Any person that fails or refuses to provide information to the Agency that it considers relevant to the performance of its functions commits an offence and is liable on summary conviction to a fine not exceeding twenty thousand dollars or to imprisonment for a term not exceeding two years or to both.

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Email : info@fiabvi.vg

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