Sanctions – recent legislative changes

Jersey Financial Services Commission

Join us for a webinar on the recent sanctions legislative changes following Brexit.

On 1 January, as part of Brexit, the UK stopped implementing EU sanctions regulations and introduced new UK sanctions legislation made under its Sanctions and Anti-Money Laundering Act 2018. To ensure that Jersey retains its alignment with the UK on sanctions, the Minister for External Relations has made the Sanctions and Asset-Freezing (Implementation of External Sanctions) (Jersey) Order 2021, which came into force on 12 February 2021. The Jersey Order implements United Nations Security Council sanctions and autonomous UK sanctions by giving effect to the relevant UK legislation. Jersey no longer implements autonomous EU sanctions regimes, but continues to implement all UN, UK, and EU terrorist asset-freeze designations.The webinar will cover:<ul><li>what has changed</li><li>what remains unchanged</li><li>what is required of Industry</li></ul>We will also aim to respond to any questions you may have.

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Sanctions – recent legislative changes

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