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Somalia Asset Freeze: UN Security Council Committee Adds Three Names to Sanctions List

In a move aimed at disrupting the financial networks of terrorist organizations, the United Nations Security Council Committee established pursuant to resolution 2713 (2023) concerning Al-Shabaab has approved the addition of three new entries to its Sanctions List of individuals and entities subject to an asset freeze.

Immediate Effect in Jersey

The designations take immediate effect in Jersey, following the implementation of the:

  • Sanctions and Asset-Freezing (Jersey) Law 2019
  • Sanctions and Asset-Freezing (Implementation of External Sanctions) (Jersey) Order 2021

New Additions to the List

The three new additions to the list are:

  • Abdikadir Mohamed ABDIKADIRMohamed Mohamud MIREMohamed Omar MOHAMED

These individuals are now subject to an asset freeze, which means that anyone holding funds or economic resources on behalf of these individuals must:

  • Freeze those assets immediately
  • Refrain from dealing with them unless licensed by the Minister for External Relations

Compliance and Penalties

Failure to comply with the sanctions legislation or attempting to circumvent its provisions is a criminal offense, and anyone found to be in breach may face severe penalties.

Reporting Requirements

Financial institutions and individuals are advised to:

  • Report any findings to the Minister for External Relations
  • Provide any requested information concerning the frozen assets of designated persons

This information may be shared with other regulatory authorities or law enforcement agencies.

Guidance and Resources

For those looking to unfreeze assets belonging to delisted persons or entities, guidance is available on the:

  • Jersey Financial Services Commission (JFSC) website
  • A copy of the UK Regulations can be obtained from legislation.gov.uk.

Contact Information

For non-media enquiries, sanctions compliance reporting, and licence applications, please contact the: