Financial Sanctions Notice Belarus 8 July 2021

1. The Belarus (Sanctions) (EU Exit) Regulations 2019 (the “UK Regulations”) provide for the freezing of funds and economic resources of certain persons, entities or bodies reasonably suspected of involvement in conduct enabling or facilitating the disappearances of four people or the failure to investigate properly or institute criminal proceedings against the persons responsible for those disappearances; the commission of serious human rights violations in Belarus; the repression of civil society or democratic opposition in Belarus; or other actions, policies or activities which undermine democracy or the rule of law in Belarus.

2. The Sanctions and Asset-Freezing (Implementation of External Sanctions) (Jersey) Order 2021 (the “Order”), made under the Sanctions and Asset-Freezing (Jersey) Law 2019 (“SAFL”), links to the UK Regulations.

3. Any changes to asset-freeze designations made under the UK Regulations are effective immediately by virtue of the ambulatory provisions in Jersey’s sanctions legislation.

4. An asset freeze no longer applies to the person listed in the Annex to this Notice under Part 3 of SAFL.

5. The following designation has been removed and is no longer subject to an asset freeze:

6. Further information on sanctions can be found on the Government of Jersey website and the Jersey Financial Services Commission (JFSC) website.

7. Jersey guidance on the Belarus sanctions regime is available on JFSC website.

8. Copies of Jersey sanctions legislation, including the Order and SAFL, can be found on the Jersey Legal Information Board website.

9. A copy of the UK Regulations can be obtained from legislation.gov.uk and other relevant information about this regime can be found on gov.uk.

10. A copy of the UK sanctions list can be found here.

11. A copy of the OFSI consolidated list can be found here.

12. Non-media enquiries, suspected breach reports and licence applications should be addressed to:

Head of International Compliance

Office of the Chief Executive

External Relations

sanctions@gov.je

Address: 51B F.Skoryny Street, Minsk, Belarus, 220141. Other Information: (UK Sanctions List Ref):BEL0061 Date designated on UK Sanctions List: 31/12/2020 (UK Statement of Reasons):AGAT Electromechanical Plant JSC is part of the Belarusian State Authority for Military Industry (SAMI), which is responsible for implementing the military-technical policy of the state. The company manufactures the ‘Rubezh’ (Frontier), a barrier system designed for riot control which has subsequently been shown to have been deployed during the demonstrations that have taken place in the wake of the August 9 Presidential election. AGAT therefore bears responsibility for providing support, equipment and technology for police and security forces of the Ministry of Internal Affairs which have contributed to serious human rights violations and the repression of civil society following the August 9 elections. (Phone number):00375(17)2675434 (Website):www.agat-system.by (Email address):info@agat-system.by (Organisation type):State Owned Enterprise Listed on: 18/12/2020

Ministry of External Relations

8 July 2021