Please note that the Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations 2024 (S.I. 2024/No. 1157) have amended 35 UK sanctions regulations containing financial sanctions measures. As a result of these amendments, holders of funds or economic resources controlled, held, or owned by a designated person are subject to new mandatory reporting requirements.
The financial sanctions notice together with the relevant reporting form is attached for your information and use, where applicable.