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 OT 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 VI constitutes an offence that 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
SYRIA (CULTURAL PROPERTY)	2020 No. 1233	The Syria (United Nations Sanctions) (Cultural Property) (EU Exit) Regulations 2020
UNAUTHORISED DRILLING ACTIVITIES	2020 No. 1474	The Unauthorised Drilling Activities in the Eastern Mediterranean (Sanctions) (EU Exit) Regulations 2020
VENEZUELA	2019 No. 135	The Venezuela (Sanctions) (EU Exit) Regulations 2019
ZIMBABWE	2019 No. 604	The Zimbabwe (Sanctions) (EU Exit) Regulations 2019
AFGHANISTAN	2022 No. 65	The Afghanistan (Sanctions) (EU Exit) (Amendment) Regulations 2022
BURUNDI	2019 No. 1142	The Burundi (Sanctions) (EU Exit) Regulations 2019
CHEMICAL WEAPONS	2019 No. 618	The Chemical Weapons (Sanctions) (EU Exit) Regulations 2019
COUNTER-TERRORISM	2020 No.1416 (C.39)	The Counter-Terrorism (Sanctions) (EU Exit) (Commencement) Regulations 2020
COUNTER-TERRORISM (DOMESTIC)	2019 No. 577	The Counter-Terrorism (Sanctions) (EU Exit) Regulations 2019
CYBER ACTIVITY	2020 No. 597	The Cyber (Sanctions) (EU Exit) Regulations 2020
DEMOCRATIC REPUBLIC OF CONGO	2019 No. 433	The Democratic Republic of the Congo (Sanctions) (EU Exit) Regulations 2019
DEMOCRATIC REPUBLIC OF THE CONGO	2021 No. 1041	The Democratic Republic of the Congo (Sanctions) (EU Exit) (Amendment) Regulations 2021
DEMOCRATIC REPUBLIC OF THE CONGO	2022 No. 1236	The Democratic Republic of the Congo (Sanctions) (EU Exit) (Amendment) Regulations 2022
GUINEA	2019 No. 1145	The Guinea (Sanctions) (EU Exit) Regulations 2019
HAITI	2023 No. 1320	The Haiti (Sanctions) (Amendment) Regulations 2023