1. Council Regulation (EU) 2016/44 (the “Regulation”) concerning restrictive measures in view of the situation in Libya has been amended so that an asset freeze now applies to the person listed in the Annex to this Notice.
Notice summary (Full details are provided in the Annex to this Notice)
2. The following entry has been added and is subject to an asset freeze:
- PRIGOZHIN, Yevgeniy Viktorovich
What you must do
3. You must:
- check whether you maintain any accounts or hold any funds or economic resources for the persons set out in the Annex to this Notice.
- freeze such accounts, and other funds or economic resources.
- refrain from dealing with the funds or assets or making them available (directly or indirectly) to such persons unless licensed by the Minister for External Relations (“MER”).
- report any findings to MER, together with any additional information that would facilitate compliance with the Regulation.
- provide any information concerning the frozen assets of designated persons that MER may request. Information reported to MER may be passed on to other regulatory authorities or law enforcement.
4. Failure to comply with financial sanctions legislation or to seek to circumvent its provisions is a criminal offence.
5. The Regulation is implemented in Jersey by EU Legislation (Sanctions – Libya) (Jersey) Order 2014 (the “Libya Order”) implemented under the Sanctions and Asset-Freezing (Jersey) Law 2019 (“SAFL”).
6. On 15 October 2020 Council Implementing Regulation (EU) 2020/1481 (the “Amending Regulation”) was published in the Official Journal of the European Union by the Council of the European Union.
7. The Amending Regulation amended Annex III to the Regulation with effect from 15 October 2020. Any changes to the Annex are effective immediately in Jersey by virtue of the ambulatory provisions of the Libya Order.
8. A copy of the Amending Regulation can be obtained from the website of the Official Journal of the European Union.
9. Copies of Jersey sanctions Orders and other legislation, including the Libya Order and SAFL, can be found on the Jersey Legal Information Board website.
10. Copies of recent Notices, certain EU Regulations and Jersey legislation can be found on the Libya financial sanctions page on the Jersey Financial Services Commission website.
11. Please note there are also import and export restrictions on Libya.
12. For more information on Financial Sanctions please see the Jersey Financial Services Commission guidance on financial sanctions.
13. Non-media enquiries, reports and licence applications should be addressed to:
Head of International Compliance
Office of the Chief Executive
ANNEX TO NOTICE
FINANCIAL SANCTIONS: LIBYA
COUNCIL IMPLEMENTING REGULATION (EU) 2020/1481
AMENDING ANNEX III TO COUNCIL REGULATION (EU) 2016/44
1. PRIGOZHIN, Yevgeniy Viktorovich
DOB: 01/06/1961 POB: Leningrad (St. Petersburg) Nationality: Russian Gender: Male Other Information: Yevgeniy Viktorovich Prigozhin is a Russian businessman with close links, including financially, to the private military company Wagner Group. In this way, Prigozhin is engaged in and providing support for Wagner Group’s activities in Libya, which threaten the country’s peace, stability and security. In particular, Wagner Group is involved in multiple and repeated breaches of the arms embargo in Libya established in UNSCR 1970 (2011) and transposed in article 1 of Decision (CFSP) 2015/1333, including delivery of arms as well as deployment of mercenaries into Libya in support of the Libya National Army. Wagner Group has participated in multiple military operations against the UN-endorsed Government of National Accord and has contributed to damaging the stability of Libya and undermining a peaceful process.’
Ministry of External Relations
15 October 2020