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The Al-Qaida (United Nations Measures)(Overseas Territories) Order 2012 - Advisory Warning No. 21 of 2012 (12 October 2012)

Advisory Warning No. 21 of 2012

12 October, 2012

ADVISORY WARNING

The Al-Qaida (United Nations Measures)

(Overseas Territories) Order 2012

 

Tortola, British Virgin Islands – 12 October, 2012 – The British Virgin Islands Financial Services Commission (the “FSC”) wishes to advise the general public, including all regulated and other persons that they are required to comply with the requirements of The Al-Qaida (United Nations Measures) (Overseas Territories) Order 2012 (the “2012 Order”).

 

This 2012 Order gives effect to United Nations Security Council Resolution 1989 (2011) adopted on 17 June, 2011. Resolution 1989 (2011) maintains in force the sanctions first imposed by Resolution 1267 (1999) against Al-Qaida and individuals, groups, undertakings and entities associated with it. In parallel, the Security Council adopted Resolution 1988 (2011) maintaining its previous sanctions against the Taliban, but separating them out into a separate Resolution.

 

The main provisions of the 2012 Order in effect continue the asset freeze in respect of targeted individuals, groups, undertakings and entities associated with Al-Qaida as designated by the Security Council, and to prohibit funds being made available to such persons.

The 2012 Order also prohibits the supply of military goods and technical assistance related to military activities to designated persons.

 

The list of persons designated by the Security Council is to be found at the following link:

http://www.un.org/sc/committees/1267/AQList.htm

 

The 2012 Order revokes the Al-Qaida and Taliban (United Nations Measures) (Overseas Territories) Order 2002, and the Al-Qaida and Taliban (United Nations Measures) (Overseas Territories) (Amendment) Order 2002.

 

The following is a link to the United Nations Security Council Resolution 1988 (2011):

http://daccess-dds-ny.un.org/doc/UNDOC/GEN/N11/379/01/PDF/N1137901.pdf?OpenElement

 

The following is a link to the United Nations Security Council Resolution 1989 (2011):

http://daccess-dds-ny.un.org/doc/UNDOC/GEN/N11/380/14/PDF/N1138014.pdf?OpenElement

 

The following is a link to view the 2012 Order in its entirety:

http://www.legislation.gov.uk/uksi/2012/1757/contents/made

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Contact Information

British Virgin Islands Financial Services Commission


Pasea Estate
P.O. Box 418
Road Town, Tortola, VG 1110
British Virgin Islands

Tel: 284-494-1324 or 284-494-4190 GMT – 4:00
Fax: 284-494-5016
Hours: Monday-Friday 8:30a.m. - 4:30p.m.
commissioner@bvifsc.vg