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The South Sudan (Sanctions) (Overseas Territories) (Amendment) Order 2015 - Advisory Warning No. 7 of 2015 (16 December 2015)


Advisory Warning No. 7 of 2015

16 December, 2015

ADVISORY WARNING

 

The South Sudan (Sanctions) (Overseas Territories) (Amendment) Order 2015

(U.K.S.I. 2015 No. 1527)

 

The British Virgin Islands Financial Services Commission (the “FSC”) is advising the public that on 12th August 2015, The South Sudan (Sanctions) (Overseas Territories) (Amendment) Order 2015 (the “Order”) was ratified and extended to the Territory.

NOTICE IS HEREBY GIVEN that this Order has been extended to the Territory by virtue of Schedule 1 to The South Sudan (Sanctions) (Overseas Territories) Order 2014 (the “Principal order”).

AND NOTICE IS FURTHER GIVEN that this Order amends the South Sudan (Sanctions) (Overseas Territories) Order 2014 (S.I. 2014/2703) (“the principal Order”), which gives effect in specified Overseas Territories to restrictive measures imposed by the United Nations Security Council and additional restrictive measures adopted and implemented by the European Union against South Sudan.

Article 2 of this Order makes one minor amendment to article 3(1) of the principal Order to update the definition of “the Council Regulation” to give effect to the repeal of Council Regulation (EU) No. 748/2014 of 10th July 2014 and its replacement by Council Regulation (EU) No. 2015/735 of 7th May 2015, which integrates some of the restrictive measures imposed by United Nations Security Council resolution 2206 (2015) of 3rd March 2015 and Council Decision (CFSP) 2015/740 of 7th May 2015 (which repealed and replaced Council Decision 2014/449/CFSP of 10th July 2014).

 

The European Union in Council Regulation 748/2014 of 10th July, 2014 may be viewed in its entirety at the following URL:

 

http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32014R0748&rid=1

 

The European Union in Council Regulation 2015/735 of 7th May, 2015 may be viewed in its entirety at the following URL:

 

http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32015R0735&rid=1

 

The United Nations Security Council Resolution 2206/2015 of 3rd March 2015 may be viewed in its entirety at the following URL:

 

http://www.un.org/en/ga/search/view_doc.asp?symbol=S/RES/2206%282015%29

 

The European Union in Council Decision 2015/740 CFSP of 7th May, 2015 may be viewed in its entirety at the following URL:

 

http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32015D0740&rid=1

 

The European Union in Council Decision 2014/449 CFSP of 10th July, 2014 may be viewed in its entirety at the following URL:

 

http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32014D0449&rid=1

 

 

The South Sudan (Sanctions) (Overseas Territories) (Amendment) Order 2015 may be viewed in its entirety at the following URL:

http://www.legislation.gov.uk/uksi/2015/1527/made

 

 

Additional Links of Interest:

Consolidated list of financial sanctions targets in the UK – this link updates automatically as new Orders are ratified and extended to the Overseas Territories:

http://hmt-sanctions.s3.amazonaws.com/sanctionsconlist.pdf

 

List of all Sanctions Orders still enforced and extended to the Overseas Territories: 

http://www.legislation.gov.uk/all?title=sanctions

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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