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Update to United Nations list of persons designated as Terrorist or Terrorist Associates

On 24 January 2022, the Security Council Committee pursuant to resolutions 1267 (1999), 1989 (2011) and 2253 (2015) concerning ISIL (Da’esh), Al-Qaida and associated individuals, groups, undertakings and entities removed one individual from the Sanctions List of individuals and entities subject to the assets freeze, travel ban, and arms embargo. Please see press release number SC/14773 at the link below:

https://www.un.org/press/en/2022/sc14773.doc.htm

The updated list of individuals subject to Sanctions by the United Nations Security Council Committee, has been gazetted on 25 January 2022. An updated version of the Consolidated List is accessible via the following URL:

Chinese Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Chi/Policies/List_of_TargetedArms-Related_isil_and_ai-qaida_tc.pdf 

English Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/List_of_TargetedArms-Related_isil_and_ai-qaida_en.pdf 

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation (Cap. 537CB) (“the Regulation”), an updated list of individuals, groups, undertaking and entities was published on 25 January 2022 on the website of the Commerce and Economic Development Bureau:  

https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html

Sections 2 and 3 of the Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related materiel) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities.  Section 5 of the Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.   

United Nations Security Council Consolidated List
https://www.un.org/securitycouncil/content/un-sc-consolidated-list 

(Posted on 25 January 2022)

 


Update to United Nations list of persons designated as Terrorist or Terrorist Associates

On 17 January 2022, the Security Council Committee pursuant to resolutions 1267 (1999), 1989 (2011) and 2253 (2015) concerning ISIL (Da’esh), Al-Qaida and associated individuals, groups, undertakings and entities removed three individuals from the Sanctions List of individuals and entities subject to the assets freeze, travel ban, and arms embargo. Please see press release number 
SC/14767 at the link below:

https://www.un.org/press/en/2022/sc14767.doc.htm

The updated list of individuals subject to Sanctions by the United Nations Security Council Committee, has been gazetted on 17 January 2022. An updated version of the Consolidated List is accessible via the following URL:

Chinese Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Chi/Policies/List_of_TargetedArms-Related_isil_and_ai-qaida_tc.pdf

English Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/List_of_TargetedArms-Related_isil_and_ai-qaida_en.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation (Cap. 537CB) (“the Regulation”), an updated list of individuals, groups, undertaking and entities was published on 18 January 2022 on the website of the Commerce and Economic Development Bureau:  

https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html 

Sections 2 and 3 of the Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related materiel) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities.  Section 5 of the Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.   

United Nations Security Council Consolidated List
https://www.un.org/securitycouncil/content/un-sc-consolidated-list

(Posted on 18 January 2022)

 


Update to United Nations list of persons designated as Terrorist or Terrorist Associates

On 3 January 2022, the Security Council Committee pursuant to resolutions 1267 (1999), 1989 (2011) and 2253 (2015) concerning ISIL (Da’esh), Al-Qaida and associated individuals, groups, undertakings and entities removed five individuals from the Sanctions List of individuals and entities subject to the assets freeze, travel ban, and arms embargo. Please see press release number SC/14758 at the link below:

https://www.un.org/press/en/2022/sc14758.doc.htm

The updated list of individuals subject to Sanctions by the United Nations Security Council Committee, has been gazetted on 4 January 2022. An updated version of the Consolidated List is accessible via the following URL:

Chinese Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Chi/Policies/List_of_TargetedArms-Related_isil_and_ai-qaida_tc.pdf

English Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/List_of_TargetedArms-Related_isil_and_ai-qaida_en.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation (Cap. 537CB) (“the Regulation”), an updated list of individuals, groups, undertaking and entities was published on 5 January 2022 on the website of the Commerce and Economic Development Bureau: 

https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html

Sections 2 and 3 of the Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related materiel) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities.  Section 5 of the Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.  

United Nations Security Council Consolidated List
https://www.un.org/securitycouncil/content/un-sc-consolidated-list

(Posted on 5 January 2022)

 


Update to United Nations list of persons designated as Terrorist or Terrorist Associates

On 29 December 2021, the Security Council Committee pursuant to resolutions 1267 (1999), 1989 (2011) and 2253 (2015) concerning ISIL (Da’esh), Al-Qaida, and associated individuals, groups, undertakings and entities added one individual and one entity to its Sanctions List of individuals and entities subject to the assets freeze, travel ban and arms embargo. Please see press release number SC/14755 at the link below:

https://www.un.org/press/en/2021/sc14755.doc.htm

The updated list of individuals subject to Sanctions by the United Nations Security Council Committee, has been gazetted on 30 December 2021. An updated version of the Consolidated List is accessible via the following URL:

Chinese Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Chi/Policies/List_of_TargetedArms-Related_isil_and_ai-qaida_tc.pdf

English Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/List_of_TargetedArms-Related_isil_and_ai-qaida_en.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation (Cap. 537CB) (“the Regulation”), an updated list of individuals, groups, undertaking and entities was published on 31 December 2021 on the website of the Commerce and Economic Development Bureau:

https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html

Sections 2 and 3 of the Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related materiel) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities.  Section 5 of the Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

United Nations Security Council Consolidated List

https://www.un.org/securitycouncil/content/un-sc-consolidated-list

(Posted on 31 December 2021)

 


Update to United Nations list of persons designated as Terrorist or Terrorist Associates

On 29 December 2021, the Security Council Committee pursuant to resolutions 1267 (1999), 1989 (2011) and 2253 (2015) concerning ISIL (Da’esh), Al-Qaida and associated individuals, groups, undertakings and entities amended 62 entries on the Sanctions List of individuals and entities subject to the assets freeze, travel ban, and arms embargo. The technical amendments were implemented on all the 62 entries in the field “Other information”. Please see press release number SC/14753 at the link below:

https://www.un.org/press/en/2021/sc14753.doc.htm

The updated list of individuals subject to Sanctions by the United Nations Security Council Committee, has been gazetted on 30 December 2021. An updated version of the Consolidated List is accessible via the following URL:

Chinese Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Chi/Policies/List_of_TargetedArms-Related_isil_and_ai-qaida_tc.pdf

English Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/List_of_TargetedArms-Related_isil_and_ai-qaida_en.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation (Cap. 537CB) (“the Regulation”), an updated list of individuals, groups, undertaking and entities was published on 30 December 2021 on the website of the Commerce and Economic Development Bureau:

https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html

Sections 2 and 3 of the Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related materiel) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities.  Section 5 of the Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

United Nations Security Council Consolidated List

https://www.un.org/securitycouncil/content/un-sc-consolidated-list

(Posted on 30 December 2021)

 


Update to United Nations list of persons designated as Terrorist or Terrorist Associates

On 21 December 2021, the Security Council Committee pursuant to resolutions 1267 (1999), 1989 (2011) and 2253 (2015) concerning ISIL (Da’esh) and Al-Qaida added one entry to its ISIL (Da’esh) and Al-Qaida Sanctions List of individuals and entities subject to the assets freeze, travel ban and arms embargo. Please see press release number SC/14748 at the link below:

https://www.un.org/press/en/2021/sc14748.doc.htm

The updated list of individuals and entities subject to Sanctions by the United Nations Security Council Committee, has been gazetted on 22 December 2021. An updated version of the Consolidated List is accessible via the following URL:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/202125348e/cgn202125348906.pdf

English Version
https://www.gld.gov.hk/egazette/pdf/202125348e/egn202125348906.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation (Cap. 537CB) (“the Regulation”), an updated list of individuals, groups, undertaking and entities was published on 22 December 2021 on the website of the Commerce and Economic Development Bureau below:

https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html

Sections 2 and 3 of the Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related materiel) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities.  Section 5 of the Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

United Nations Security Council Consolidated List:

United Nations Security Council Consolidated List | United Nations Security Council

(Posted on 23 December 2021)

 


Sanctions

On 21 December 2021, the Security Council Committee established pursuant to resolution 2127 (2013) concerning the Central African Republic approved the addition of the entry specified below to its Sanctions List of individuals and entities subject to the measures imposed by the Security Council and adopted under Chapter VII of the Charter of the United Nations. Please see press release number SC/14749 at the link below:

https://www.un.org/press/en/2021/sc14749.doc.htm

The updated list of individuals and entities subject to Sanctions by the United Nations Security Council Committee, has been gazetted on 22 December 2021. An updated version of the Consolidated List is accessible via the following URL:

Chinese Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Chi/Policies/CAR_List_of_TargetedFinancialSanctions_tc.pdf

English Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/CAR_List_of_TargetedFinancialSanctions_en.pdf

Pursuant to section 33 of the United Nations Sanctions (Central African Republic) Regulation 2020 (Cap.537CM) (“CAR Regulation”), an updated list of individuals and entities was published on the website of the Commerce and Economic Development Bureau:

https://www.cedb.gov.hk/citb/en/policies/united-nations-security-council-sanctions.html

Section 6 of the CAR Regulation prohibits the making available of economic assets to or for the benefit of persons and entities on the list; as well as dealing with any economic assets belonging to, or owned or controlled by such persons or entities.

United Nations Security Council Consolidated List:

United Nations Security Council Consolidated List | United Nations Security Council

(Posted on 22 December 2021)

 


Update to United Nations list of persons designated as Terrorist or Terrorist Associates 

On 23 November 2021, the Security Council Committee pursuant to resolutions 1267 (1999), 1989 (2011) and 2253 (2015) concerning ISIL (Da’esh) and Al-Qaida added one entry to its ISIL (Da’esh) and Al-Qaida Sanctions List of individuals and entities subject to the assets freeze, travel ban and arms embargo. Please see press release number SC/14712 at the link below:

https://www.un.org/press/en/2021/sc14712.doc.htm

The updated list of individuals subject to Sanctions by the United Nations Security Council Committee, has been gazetted on 24 November 2021. An updated version of the Consolidated List is accessible via the following URL: 

www.un.org/securitycouncil/content/un-sc-consolidated-list

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation (Cap. 537CB) (“the Regulation”), an updated list of individuals, groups, undertaking and entities was published on 25 November 2021 on the website of the Commerce and Economic Development Bureau below:  

https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/List_of_TargetedArms-Related_isil_and_ai-qaida_en.pdf 

UN Security Resolution 2368 (2017) currently imposes the asset freeze, travel ban and arms embargo affecting all individuals and entities named on the ISIL (Da'esh) and Al-Qaida Sanctions List.

(Posted on 26 November 2021)

 


Sanctions

On 9 November 2021, the Committee of the United Nations Security Council (“UNSC”) added three individuals to the list of individuals and entities subject to Sanctions under the Sanctions regime for Yemen.  Please see press release number SC/14695 at the link below:

https://www.un.org/press/en/2021/sc14695.doc.htm

The updated list of individuals and entities subject to Sanctions by the United Nations Security Council Committee, has been gazetted on 11 November 2021 and can be accessed here:

Chinese Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Sc/Policies/List_of_TargetedArms-Related_yemen_tc.pdf 
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Sc/Policies/List_of_TargetedFinancialSanctions_yemen_tc.pdf

English Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/List_of_TargetedArms-Related_yemen_en.pdf 
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/List_of_TargetedFinancialSanctions_yemen_en.pdf

Pursuant to sections 30 and 31 of the United Nations Sanctions (Yemen) Regulation 2019 (Cap.537CI) (the “Yemen Regulation“), an updated list of individuals and entities is published on the website of the Commerce and Economic Development Bureau:

https://www.cedb.gov.hk/citb/en/policies/united-nations-security-council-sanctions.html)

Sections 2 and 3 of the Yemen Regulation prohibits the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related materiel) to individuals and entities on the list as well as those acting on behalf of or acting at the direction of such individuals and entities.  Section 4 of the Yemen Regulation prohibits the provision of any assistance related to military activities or the provision, maintenance or use of any arms or related materiel to individuals and entities on the list as well as those acting on behalf of or acting at the direction of such individuals and entities.  Section 5 of the Yemen Regulation prohibits the making available of any economic assets to or for the benefit of individuals and entities on the list, or dealing with any economic assets belonging to, or owned or controlled by such individuals and entities.

United Nations Security Council Consolidated List

United Nations Security Council Consolidated List | United Nations Security Council

(Posted on 11 November 2021)

 


Subsequent to the Financial Action Task Force (FATF) Plenary and Working Group meetings held virtually in October 2021, FATF removed Botswana and Mauritius from the list of "Jurisdictions under Increased Monitoring". The Democratic People's Republic of Korea and Iran remains on the list of the “High-Risk Jurisdictions subject to a Call for Action”. 

  1. FATF Statement on High-Risk Jurisdictions subject to a Call for Action
    A FATF Statement on High Risk Jurisdictions Subject to a Call for Action was published on 21 October 2021 (https://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/call-for-action-october-2021.html). 
    High-risk jurisdictions have significant strategic deficiencies in their regimes to counter money laundering, terrorist financing, and financing of proliferation. For all countries identified as high-risk, the FATF calls on all members and urges all jurisdictions to apply enhanced due diligence, and in the most serious cases, countries are called upon to apply counter-measures to protect the international financial system from the ongoing money laundering, terrorist financing, and proliferation financing (ML/TF/PF) risks emanating from the country. This list is often externally referred to as the “black list”. 
    The Democratic People's Republic of Korea is subject to the FATF call on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going money laundering and terrorist financing risks emanating from the jurisdiction.
    Iran is subject to the FATF call on its members and other jurisdictions to apply, in line with Recommendation 19 Note (i.e. Higher Risk Countries):
    1. increased supervisory examination for branches and subsidiaries of financial institutions based in Iran;
    2. enhanced relevant reporting mechanisms or systematic reporting of financial transactions; and
    3. increased external audit requirements for financial groups with respect to any of their branches and subsidiaries located in Iran.
    All DNFBPs are required to comply with the higher-risk countries requirements set out in Recommendation 19.
  2. Jurisdictions under Increased Monitoring
    FATF issued another document titled Jurisdictions under Increased Monitoring (Documents - Financial Action Task Force (FATF) (fatf-gafi.org)l).  In October 2020, the FATF decided to recommence work to identify new countries with strategic AML/CFT deficiencies and prioritise the review of listed countries with expired or expiring deadlines.  The following countries had their progress reviewed by the FATF since February 2021: Albania, Barbados, Botswana, Cambodia, Cayman Islands, Ghana, Jamaica, Mauritius, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Uganda, and Zimbabwe.  For these countries, updated statements are provided.  Burkina Faso and Senegal were given the opportunity and chose to defer reporting due to the pandemic; thus, the statements issued in February 2021 for these jurisdictions are included, but they may not necessarily reflect the most recent status of the jurisdiction’s AML/CFT regime.  Following review, the FATF now also identifies Jordan, Mali, and Turkey.  Two countries: Botswana and Mauritius were removed from the increased monitoring list.

(Posted on 28 October 2021)

 


Anti-Money Laundering

On 25 October 2021, the Committee of the United Nations Security Council (“UNSC”) established pursuant to UNSC Resolutions 1970 concerning Libya (“the Committee”) added one individual to the list of individuals and entities subject to sanctions under the sanctions regime for Libya. Please see press release number SC/14674 at the link below:

https://www.un.org/press/en/2021/sc14674.doc.htm    

The updated list of individuals and entities subject to Sanctions by the United Nations Security Council Committee, has been gazetted on 26 October 2021 and can be accessed here:

Chinese Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Sc/Policies/libya_List_of_TargetedFinancialSanctions_tc.pdf 

English Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/libya_List_of_TargetedFinancialSanctions_en.pdf 

Pursuant to section 43 of the United Nations Sanctions (Libya) Regulation 2019 (Cap.537CF) ("Libya Regulation"), an updated list of individuals and entities is published on the website of the Commerce and Economic Development Bureau

(https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html)

Section 9 of the United Nations Sanctions (Libya) Regulation 2019 (Cap. 537CF) prohibits the making available of economic assets to or for the benefit of persons and entities on the list; as well as dealing with any economic assets belonging to, or owned or controlled by such persons or entities. 

United Nations Security Council Consolidated List
https://www.un.org/securitycouncil/content/un-sc-consolidated-list 

 (Posted on 26 October 2021)

 


On 6 September 2021, the Security Council ISIL (Da’esh) and Al-Qaida Sanctions Committee removed one entry from its Sanctions List.  Please see press release number SC/14622 at the link below:

https://www.un.org/press/en/2021/sc14622.doc.htm 

The updated list of terrorists and terrorist associates designated by the United Nations Security Council Committee, has been gazetted on 8 September 2021 and can be accessed here:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/202125242e/cgn202125242635.pdf

English Version
https://www.gld.gov.hk/egazette/pdf/202125242e/egn202125242635.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation (Cap. 537CB) (“the Regulation”), an updated list of individuals, groups, undertaking and entities was published on the website of the Commerce and Economic Development Bureau

https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html

Sections 2 and 3 of the Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such  individuals, groups, undertakings and entities.  Section 5 of the Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned  individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.  

United Nations Security Council Consolidated List
www.un.org/securitycouncil/content/un-sc-consolidated-list 

(Posted on 8 September 2021)

 


Subsequent to the Financial Action Task Force (FATF) Plenary and Working Group meetings held virtually in June 2021, FATF issued (a) a public statement on high-risk jurisdictions subject to a call for action; and (b) a document titled "Jurisdictions under Increased Monitoring". Details are as follows –

 

  1. FATF Statement on High-Risk Jurisdictions subject to a Call for Action
    A FATF Statement on High Risk Jurisdictions Subject to a Call for Action was published on 25 June 2021 (https://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/call-for-action-june-2021.html).  Since February 2020, in light of the COVID-19 pandemic, the FATF has paused the review process for countries in the list of high-risk jurisdictions subject to a call for action, given that they are already subject to the FATF’s call for countermeasures.  Therefore, members are advised to refer to the statement on these jurisdictions adopted in February 2020. (http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/call-for-action-february-2020.html).  While the statement may not necessarily reflect the most recent status of Iran and the Democratic People’s Republic of Korea’s anti-money laundering (AML)/combating the financing of terrorism (CFT) regimes, the FATF’s call for action on these high-risk jurisdictions remains in effect.
    To recap, the Democratic People's Republic of Korea is subject to a FATF call on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going money laundering and terrorist financing risks emanating from the jurisdiction.
    Meanwhile, Iran is subject to a FATF call on its members and other jurisdictions to apply, in line with Recommendation 19 Note (i.e. Higher Risk Countries) –
    1. increased supervisory examination for branches and subsidiaries of financial institutions based in Iran;
    2. enhanced relevant reporting mechanisms or systematic reporting of financial transactions; and
    3. increased external audit requirements for financial groups with respect to any of their branches and subsidiaries located in Iran.
    Note According to Recommendation 23, (DNFBPs) should be required to comply with the higher-risk countries requirements set out in Recommendation 19.
  2. Jurisdictions under Increased Monitoring
    FATF issued another document titled Jurisdictions under Increased Monitoring (https://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/increased-monitoring-june-2021.html).  In October 2020, the FATF decided to recommence work to identify new countries with strategic AML/CFT deficiencies and prioritise the review of listed countries with expired or expiring deadlines.  The following countries had their progress reviewed by the FATF since February 2021: Albania, Barbados, Botswana, Cambodia, Cayman Islands, Ghana, Jamaica, Mauritius, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Uganda, and Zimbabwe.  For these countries, updated statements are provided.  Burkina Faso and Senegal were given the opportunity and chose to defer reporting due to the pandemic; thus, the statements issued in February 2021 for these jurisdictions are included, but they may not necessarily reflect the most recent status of the jurisdiction’s AML/CFT regime.  Following review, the FATF now also identifies Haiti, Malta, Philippines, and South Sudan. 

(Posted on 30 June 2021)

 


On 17 June 2021, the Security Council ISIL (Da'esh) and Al-Qaida Sanctions Committee added one entry to its sanctions list.  Please see press release number SC/14555 at the link below:

https://www.un.org/press/en/2021/sc14555.doc.htm

The updated list of terrorists and terrorist associates published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/202125160e/cgn202125160370.pdf

English Version
https://www.gld.gov.hk/egazette/pdf/202125160e/egn202125160370.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation (Cap. 537CB) (“the Regulation”), an updated list of individuals, groups, undertaking and entities was published on the website of the Commerce and Economic Development Bureau (https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html).  

Sections 2 and 3 of the Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such  individuals, groups, undertakings and entities.  Section 5 of the Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned  individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.  

(Posted on 30 June 2021)

 


On 29 April 2021, the Committee of the United Nations Security Council (“UNSC”) established pursuant to UNSC Resolutions 1970 concerning Libya (“the Committee”) amended two entries on the list of individuals and entities subject to sanctions under the sanctions regime for Libya.  Please see press release number SC/14509 at the link below:

https://www.un.org/press/en/2021/sc14509.doc.htm

The list of individuals and entities is at the following links:

Chinese Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Sc/Policies/libya_List_of_TargetedFinancialSanctions_tc.pdf

English Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/libya_List_of_TargetedFinancialSanctions_en.pdf

Pursuant to section 43 of the United Nations Sanctions (Libya) Regulation 2019 (Cap.537CF) ("Libya Regulation"), an updated list of individuals and entities was published on the website of the Commerce and Economic Development Bureau (https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html).  

Section 9 of the Libya Regulation prohibits the making available of economic assets to or for the benefit of persons and entities on the list; as well as dealing with any economic assets belonging to, or owned or controlled by such persons or entities.   

(Posted on 4 May 2021)

 


On 6 April 2021, the Committee of the United Nations Security Council (“UNSC”) established pursuant to UNSC Resolutions 1267, 1989 and 2253 concerning the Islamic State in Iraq and the Levant ("ISIL") and Al-Qaida amended one entry on its sanctions list.  Please see press release number SC/14489 at the link below:
https://www.un.org/press/en/2021/sc14489.doc.htm

The list of individuals and entities is at the following links:

Chinese Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Chi/Policies/List_of_TargetedArms-Related_isil_and_ai-qaida_tc.pdf

English Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/List_of_TargetedArms-Related_isil_and_ai-qaida_en.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation (Cap. 537CB) (“the Regulation”), an updated list of individuals, groups, undertakings and entities was published on the website of the Commerce and Economic Development Bureau (https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html).  

Sections 2 and 3 of the Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such  individuals, groups, undertakings and entities.  Section 5 of the Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned  individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them. 

(Posted on 8 April 2021)

 


On 6 April 2021, the Security Council ISIL (Da'esh) and Al-Qaida Sanctions Committee amended one entry on its sanctions list.  Please see press release number SC/14489 at the link below:

https://www.un.org/press/en/2021/sc14489.doc.htm

The updated list of terrorists and terrorist associates published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20212593e/cgn20212593208.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20212593e/egn20212593208.pdf

(Posted on 8 April 2021)

 


On 5 April 2021, the Security Council Committee established pursuant to resolution 2127 (2013) removed one entity from the list of individuals and entities subject to sanctions under the sanctions regime for the Central African Republic.  Please see press release number SC/14485 at the link below:
https://www.un.org/press/en/2021/sc14485.doc.htm

The list of individuals and entities is at the following links:

Chinese Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Chi/Policies/CAR_List_of_TargetedFinancialSanctions_tc.pdf

English Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/CAR_List_of_TargetedFinancialSanctions_en.pdf

Pursuant to section 33 of the United Nations Sanctions (Central African Republic) Regulation 2020 (Cap.537CM) ("CAR Regulation"), an updated list of individuals and entities was published on the website of the Commerce and Economic Development Bureau (https://www.cedb.gov.hk/citb/en/policies/united-nations-security-council-sanctions.html).  

Section 6 of the CAR Regulation prohibits the making available of economic assets to or for the benefit of persons and entities on the list; as well as dealing with any economic assets belonging to, or owned or controlled by such persons or entities.  

(Posted on 8 April 2021)

 


On 5 April 2021, the Security Council Committee established pursuant to resolution 2140 concerning Yemen amended one entry on its sanction list.  Please see press release number SC/14486 at the link below:
https://www.un.org/press/en/2021/sc14486.doc.htm

The list of individuals and entities are at the following links:

Chinese Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Sc/Policies/List_of_TargetedArms-Related_yemen_tc.pdf 
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Sc/Policies/List_of_TargetedFinancialSanctions_yemen_tc.pdf

English Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/List_of_TargetedArms-Related_yemen_en.pdf 
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/List_of_TargetedFinancialSanctions_yemen_en.pdf

Pursuant to sections 30 and 31 of the United Nations Sanctions (Yemen) Regulation 2019 (Cap.537CI) ("Yemen Regulation "), an updated list of individuals and entities was published on the website of the Commerce and Economic Development Bureau (https://www.cedb.gov.hk/citb/en/policies/united-nations-security-council-sanctions.html).  

Sections 2 and 3 of the Yemen Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals and entities on the list as well as those acting on behalf of or acting at the direction of such individuals and entities.  Section 4 of the Yemen Regulation prohibits the provision of any assistance related to military activities or the provision, maintenance or use of any arms or related material to individuals and entities on the list as well as those acting on behalf of or acting at the direction of such individuals and entities.  Section 5 of the Yemen Regulation prohibits the making available of any economic assets to or for the benefit of individuals and entities on the list, or dealing with any economic assets belonging to, or owned or controlled by such individuals and entities.  

(Posted on 8 April 2021)

 


On 23 March 2021, the Committee of the United Nations Security Council (“UNSC”) established pursuant to UNSC Resolutions 1267, 1989 and 2253 concerning the Islamic State in Iraq and the Levant ("ISIL") and Al-Qaida amended eight entries on its sanctions list.  Please see press release number SC/14473 at the link below:

https://www.un.org/press/en/2021/sc14473.doc.htm

The latest ISIL (Da’esh) and AI-Qaida sanctions list published in the Gazette is at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20212581e/cgn20212581183.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20212581e/egn20212581183.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation (Cap. 537CB) (“the Regulation”), an updated list of individuals, groups, undertakings and entities was published on the website of the Commerce and Economic Development Bureau (https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html)

Sections 2 and 3 of the Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities.  Section 5 of the Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.  

(Posted on 25 March 2021)

 

On 5 March 2021, the Committee of the United Nations Security Council (“UNSC”) established pursuant to UNSC Resolution 1591 concerning Sudan (“Sudan Committee”) removed one individual from the list of individuals and entities subject to sanctions under the sanctions regime for Sudan. Please see press release number SC/14459 at the link below:
https://www.un.org/press/en/2021/sc14459.doc.htm

The updated list of terrorists and terrorist associates published in the Gazette is at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20212566e/cgn20212566150.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20212566e/egn20212566150.pdf

Pursuant to section 31 of the United Nations Sanctions (Sudan) Regulation 2013 (Cap. 537BF) ("Sudan Regulation"), the updated sanctions list was published by Extraordinary Gazette Notice. Section 6 of the Sudan Regulation implements UNSC’s financial sanctions against Sudan through prohibition against making available any funds or other financial assets or economic resources to, or for the benefit of, persons and entities designated by the Sudan Committee, or dealing with any funds, other financial assets or economic resources belonging to, or owned or controlled by such persons or entities.   

(Posted on 10 March 2021)

 


On 25 February 2021, the United Nations Security Council ("UNSC") adopted Resolution 2564. According to paragraph 3 of the Resolution, the UNSC decided that the one individual listed in the annex of the Resolution shall be subject to measures imposed by paragraphs 11 (viz. asset freeze) and 15 (viz. travel ban) of Resolution 2140 and paragraph 14 (viz. targeted arms embargo) of Resolution 2216. Please see the Resolution 2564 at the link below:
https://undocs.org/en/S/RES/2564(2021)

The updated list of individuals and entities are at the following links:

Chinese Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Chi/Policies/List_of_TargetedArms-Related_yemen_tc.pdf
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Chi/Policies/List_of_TargetedFinancialSanctions_yemen_tc.pdf

English Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/List_of_TargetedArms-Related_yemen_en.pdf https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/List_of_TargetedFinancialSanctions_yemen_en.pdf

Pursuant to sections 30 and 31 of the United Nations Sanctions (Yemen) Regulation 2019 (Cap. 537CI) (“Yemen Regulation”), an updated list of individuals and entities was published on the website of the Commerce and Economic Development Bureau (https://www.cedb.gov.hk/citb/en/policies/united-nations-security-council-sanctions.html).
Sections 2 and 3 of the Yemen Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals and entities on the list as well as those acting on behalf of or acting at the direction of such individuals and entities.
Section 4 of the Yemen Regulation prohibits the provision of any assistance related to military activities or the provision, maintenance or use of any arms or related materiel to individuals and entities on the list as well as those acting on behalf of or acting at the direction of such individuals and entities. Section 5 of the Yemen Regulation prohibits the making available of any economic assets to or for the benefit of individuals and entities on the list, or dealing with any economic assets belonging to, or owned or controlled by them.

(Posted on 5 March 2021)

 


On 26 February 2021, the Committee of the United Nations Security Council (“UNSC”) established pursuant to UNSC Resolution 751 concerning Somalia (“the Committee”) added three individuals to the list of individuals and entities subject to sanctions under the sanctions regime for Somalia.  Please see press release number SC/14455 at the link below:
https://www.un.org/press/en/2021/sc14455.doc.htm

The list of individuals and entities is at the following links:

Chinese Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Chi/Policies/List_of_TargetedArms-Related-somalia_tc.pdf
English Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/List_of_TargetedArms-Related-somalia_en.pdf

Pursuant to section 29 of the United Nations Sanctions (Somalia) Regulation 2019 (Cap.537CG) ("the Regulation"), an updated list of individuals and entities was published on the website of the Commerce and Economic Development Bureau (https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html).  
Section 6 of the Regulation prohibits the making available of any economic assets to or for the benefit of persons and entities on the list; as well as dealing with any economic assets belonging to, or owned or controlled by such persons or entities.  

(Posted on 3 March 2021)

 


Subsequent to the Financial Action Task Force (FATF) Plenary and Working Group meetings held virtually in February 2021, FATF issued (a) a public statement on high-risk jurisdictions subject to a call for action; and (b) a document titled "Jurisdictions under Increased Monitoring". Details are as follows - 

  1. FATF Statement on High-Risk Jurisdictions subject to a Call for Action

    FATF Statement on High Risk Jurisdictions Subject to a Call for Action was published on 25 February 2021 (http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/call-for-action-february-2021.html). Since February 2020, in light of the COVID-19 pandemic, the FATF has paused the review process for countries in the list of high-risk jurisdictions subject to a call for action, given that they are already subject to the FATF's call for countermeasures. Therefore, members are advised to refer to the statement on these jurisdictions adopted in February 2020. (http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/call-for-action-february-2020.html). While the statement may not necessarily reflect the most recent status of Iran and the Democratic People's Republic of Korea's anti-money laundering (AML)/counter-terrorist financing (CFT) regimes, the FATF's call for action on these high-risk jurisdictions remains in effect. 

    To recap, the Democratic People's Republic of Korea is subject to a FATF call on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing risks emanating from the jurisdiction. 

    Meanwhile, Iran is subject to a FATF call on its members and other jurisdictions to apply, in line with Recommendation 19 Note (i.e. Higher Risk Countries) -
    1. increased supervisory examination for branches and subsidiaries of financial institutions based in Iran;
    2.  enhanced relevant reporting mechanisms or systematic reporting of financial transactions; and
    3.  increased external audit requirements for financial groups with respect to any of their branches and subsidiaries located in Iran.


    Note According to Recommendation 23, (DNFBPs) should be required to comply with the higher-risk countries requirements set out in Recommendation 19.

     

     

     

     

  2.  Jurisdictions under Increased Monitoring

    FATF issued another document titled Jurisdictions under Increased Monitoring (http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/increased-monitoring-february-2021.html). In October 2020, the FATF decided to recommence its work to identify new countries with strategic AML/CFT deficiencies and to prioritise the review of listed countries with expired or expiring deadlines. The other listed jurisdictions were given the option to report. The following countries had their progress reviewed by the FATF since October: Albania, Botswana, Cambodia, Ghana, Mauritius, Myanmar, Nicaragua, Pakistan, Panama, Uganda and Zimbabwe. For these countries, updated statements are provided. Barbados and Jamaica chose to defer reporting due to the pandemic; thus, the statements issued in February 2020 for these jurisdictions are included, but they may not necessarily reflect the most recent status of the jurisdiction's AML/CFT regime. Following review, the FATF now also identifies Burkina Faso, the Cayman Islands, Morocco, and Senegal.

 (Posted on 2 March 2021)

 


On 23 February 2021, the Security Council ISIL (Da'esh) and Al-Qaida Sanctions Committee amended 92 entries on its sanctions list. Please see press release number SC/14446 at the link below:
https://www.un.org/press/en/2021/sc14446.doc.htm

The updated list of terrorists and terrorist associates published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20212552e/cgn20212552125.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20212552e/egn20212552125.pdf
 
(Posted on 2 March 2021)

 


On 22 February 2021, the Committee of the United Nations Security Council (“UNSC”) established pursuant to UNSC Resolution 2127 concerning the Central African Republic (“the Committee”) amended the entry of one individual to the list of individuals and entities subject to sanctions under the sanctions regime for the Central African Republic.  Please see press release number SC/14443 at the link below:
https://www.un.org/press/en/2021/sc14443.doc.htm

The list of individuals and entities is at the following links:

Chinese Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Sc/Policies/CAR_List_of_TargetedFinancialSanctions_tc.pdf
English Version
https://www.cedb.gov.hk/assets/document/citb/03_CITB_2.0_Policies/CITB_2.0_Policies_Eng/Policies/CAR_List_of_TargetedFinancialSanctions_en.pdf

Pursuant to section 33 of the United Nations Sanctions (Central African Republic) Regulation 2020 (Cap.537CM) ("CAR Regulation"), an updated list of individuals and entities was published on the website of the Commerce and Economic Development Bureau (https://www.cedb.gov.hk/citb/en/policies/united-nations-security-council-sanctions.html).

Section 6 of the CAR Regulation prohibits the making available of any economic assets to or for the benefit of persons and entities on the list; as well as dealing with any economic assets belonging to, or owned or controlled by them.  

(Posted on 1 March 2021)

 


On 19 February 2021, the United Nations Security Council concerning the Islamic State in Iraq and the Levant ("ISIL") and Al-Qaida amended 2 individuals from its sanctions list. Please see press release number SC/14440 at the link below: 
https://www.un.org/press/en/2021/sc14440.doc.htm

The updated list of terrorists and terrorist associates published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20212547e/cgn20212547116.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20212547e/egn20212547116.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities was published on the website of the Commerce and Economic Development Bureau (https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html). Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities.
Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

(Posted on 24 February 2021)

 


  1. Subsequent to the Financial Action Task Force (FATF) Plenary and Working Group meetings held virtually in October 2020, FATF issued (a) a public statement on high-risk jurisdictions subject to a call for action; and (b) a document titled "Jurisdictions under Increased Monitoring". Details are as follows - 

    1. FATF Statement on High-Risk Jurisdictions subject to a Call for Action

      A FATF Statement on High Risk Jurisdictions Subject to a Call for Action was published on 23 October 2020 (http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/call-for-action-october-2020.html). On 2 August 2020, the FATF decided to pause the review process for the list of high-risk jurisdictions subject to a call for action. Therefore, members are advised to refer to the statement on these jurisdictions adopted in February 2020 (http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/call-for-action-february-2020.html). While the statement may not necessarily reflect the most recent status in Iran and the Democratic People's Republic of Korea's anti-money laundering (AML)/counter-terrorist financing (CFT) regime, the FATF's call for action on these two high-risk jurisdictions remains in effect.

      To recap, the Democratic People's Republic of Korea is subject to a FATF call on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing risks emanating from the jurisdiction.

      Meanwhile, Iran is subject to a FATF call on its members and other jurisdictions to apply, in line with Recommendation 19 Note (i.e. Higher Risk Countries) -
      1. increased supervisory examination for branches and subsidiaries of financial institutions based in Iran;
      2. enhanced relevant reporting mechanisms or systematic reporting of financial transactions; and
      3. increased external audit requirements for financial groups with respect to any of their branches and subsidiaries located in Iran.

      Note According to Recommendation 23, (DNFBPs) should be required to comply with the higher-risk countries requirements set out in Recommendation 19.

    2.  Jurisdictions under Increased Monitoring

      In another document titled Jurisdictions under Increased Monitoring (http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/increased-monitoring-october-2020.html), the FATF gave the option for jurisdictions publicly identified to not report at the meeting given their focus on addressing the impact of the COVID-19 pandemic. The following countries chose to report: Albania, Botswana, Cambodia, Ghana, Mauritius, Pakistan and Zimbabwe. For these countries, updated statements are provided. The following countries deferred their reporting: Barbados, Jamaica, Myanmar, Nicaragua, Panama and Uganda. The statements issued in February 2020 for these jurisdictions are included, but they may not necessarily reflect the most recent status of the jurisdiction's AML/CFT regime.

      You may wish to note that Iceland and Mongolia are no longer subject to increased monitoring by the FATF.

Strengthening Measures to Prevent the Financing of Proliferation of Weapons of Mass Destruction (Amendments to Recommendations 1 and 2)

  1. Following a public consultation on the draft amendments to Recommendation 1 and its Interpretive Note, the FATF Plenary approved revisions to the FATF Recommendations. The revised Recommendation 1 and its Interpretive note require countries and private sector entities to identify, assess, manage and mitigate the risks of potential breaches, non-implementation, or evasion of the targeted financial sanctions related to proliferation financing. The FATF also adopted changes to Recommendation 2 and a new Interpretive Note to Recommendation 2, to enhance domestic co-operation, co-ordination and information exchange among national authorities. You may refer to full public statement on adoption of these revisions to the FATF Recommendations and the latest version of FATF Recommendations in the links below:-

    Public Statement
    https://www.fatf-gafi.org/publications/financingofproliferation/documents/statement-proliferation-financing-2020.html

    Revised FATF Recommendations
    http://www.fatf-gafi.org/media/fatf/documents/recommendations/pdfs/FATF%20Recommendations%202012.pdf
  2. The FATF will develop a new FATF Guidance on proliferation financing risk assessment and mitigation. This guidance will provide further clarity to the jurisdictions and the private sector on implementation of the new requirements, including for small or low-risk entities so as to avoid unintended consequences, such as financial exclusion.

(Posted on 12 November 2020)

 


On 8 October 2020, the United Nations Security Council ISIL (Da'esh) and AI-Qaida Sanctions Committee added one individual on its sanctions list. Please see press release number SC/14321 at the link below:
https://www.un.org/press/en/2020/sc14321.doc.htm

The latest ISIL (Da'esh) and AI-Qaida sanctions list and 1988 sanctions list published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20202489e/cgn20202489159.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20202489e/egn20202489159.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities was published on the website of the Commerce and Economic Development Bureau
(https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html). Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities.
Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

(Posted on 15 October 2020)

 


On 10 September 2020, the United Nations Security Council ISIL (Da'esh) and AI-Qaida Sanctions Committee amended eleven entries to its sanctions list. Please see press release number SC/14299 at the link below:
https://www.un.org/press/en/2020/sc14299.doc.htm

The latest ISIL (Da'esh) and AI-Qaida sanctions list and 1988 sanctions list published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20202480e/cgn20202480135.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20202480e/egn20202480135.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities was published on the website of the Commerce and Economic Development Bureau
(https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html). Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities.
Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

(Posted on 14 September 2020)

 


On 16 July 2020, the United Nations Security Council ISIL (Da'esh) and AI-Qaida Sanctions Committee added one individual to its sanction list. Please see press release number SC/14256 at the link below:
https://www.un.org/press/en/2020/sc14256.doc.htm

The latest ISIL (Da'esh) and AI-Qaida sanctions list and 1988 sanctions list published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20202454e/cgn2020245482.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20202454e/egn2020245482.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities was published on the website of the Commerce and Economic Development Bureau
(https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html). Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

(Posted on 21 July 2020)

 


Subsequent to the Financial Action Task Force (FATF) Plenary and Working Group meetings held virtually in June 2020, FATF issued (i) a public statement on high-risk jurisdictions subject to a call for action, and (ii) a document titled "Jurisdictions under Increased Monitoring". Details are as follows -

(i) FATF Statement on High-Risk Jurisdictions subject to a Call for Action

  • A FATF Statement on High Risk Jurisdictions Subject to a Call for Action was published on 30 June 2020 (http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/call-for-action-june-2020.html), regarding Democratic People's Republic of Korea and Iran. On 28 April 2020, the FATF decided on a general pause in the review process for the list of high-risk jurisdictions subject to a call for action. Therefore, members are advised to refer to the list of High-Risk Jurisdictions subject to a Call for Action adopted in February 2020 (http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/call-for-action-february-2020.html). While the statement may not necessarily reflect the most recent status in Iran and the Democratic People's Republic of Korea's AML/CFT regime, the FATF's call for action on these two high-risk jurisdictions remains in effect. The Democratic People's Republic of Korea is subject to a FATF call on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing risks emanating from the jurisdiction.

  • Meanwhile, Iran is subject to a FATF call on its members and other jurisdictions to apply, in line with Recommendation 19 Note (i.e. Higher Risk Countries) -

    1. increased supervisory examination for branches and subsidiaries of financial institutions based in Iran;

    2. enhanced relevant reporting mechanisms or systematic reporting of financial transactions; and

    3. increased external audit requirements for financial groups with respect to any of their branches and subsidiaries located in Iran.

Note According to Recommendation 23, Designated Non-Financial Businesses and Professions should be required to comply with the higher-risk countries requirements set out in Recommendation 19.

(ii) Jurisdictions under Increased Monitoring

There is another document titled Jurisdictions under Increased Monitoring (http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/increased-monitoring-june-2020.html), also published on 30 June 2020. On 28 April 2020, the FATF decided on a general pause in the review process for the list of jurisdictions under increased monitoring (total of 18). The FATF granted these jurisdictions an additional four months for deadlines, with the exception of Mongolia and Iceland who requested to continue on their original schedule. The statement on Jurisdictions under Increased Monitoring, adopted in February 2020 (http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/increased-monitoring-february-2020.html) remains in effect for the remaining 16 jurisdictions identified at that time, namely, Albania, The Bahamas, Barbados, Botswana, Cambodia, Ghana, Jamaica, Mauritius, Myanmar, Nicaragua, Pakistan, Panama, Syria, Uganda, Yemen, Zimbabwe.

(Posted on 6 July 2020)

 


On 21 May 2020, the United Nations Security Council ISIL (Da'esh) and AI-Qaida Sanctions Committee added one individual to its sanction list. Please see press release number SC/14195 at the link below:
https://www.un.org/press/en/2020/sc14195.doc.htm

The latest ISIL (Da'esh) and AI-Qaida sanctions list and 1988 sanctions list published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20202433e/cgn2020243347.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20202433e/egn2020243347.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities was published on the website of the Commerce and Economic Development Bureau
(https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html). Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

(Posted on 26 May 2020)

 


On 11 May 2020, the Committee of the United Nations Security Council ("UNSC") established pursuant to UNSC Resolution 1718 concerning the Democratic People's Republic of Korea ("DPRK Committee") amended the details of one entity subject to financial sanctions under the sanctions regime for the Democratic People's Republic of Korea ("DPRK"). Please see press release number SC/14182 at the link below:
https://www.un.org/press/en/2020/sc14182.doc.htm

Lists of individuals and entities published under section 31 of the United Nations Sanctions (Democratic People's Republic of Korea) Regulation ("DPRK Regulation") are at the following links:

Chinese Version
https://www.cedb.gov.hk/citb/doc/tc/Policy_Responsibilities/Centre_1.pdf
English Version
https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/Centre_1.pdf

Section 8(1) of the DPRK Regulation prohibits the making available of any funds or other financial assets or economic resources to or for the benefit of all the above-mentioned individuals and entities, as well as dealing with any funds, other financial assets or economic resources belonging to, or owned or controlled by them.

(Posted on 13 May 2020)

 


On 24 March 2020, the United Nations Security Council ISIL (Da'esh) and AI-Qaida Sanctions Committee removed one individual from its sanctions list. Please see press release number SC/14146 at the link below:
https://www.un.org/press/en/2020/sc14146.doc.htm

The latest ISIL (Da'esh) and AI-Qaida sanctions list and 1988 sanctions list published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20202414e/cgn2020241414.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20202414e/egn2020241414.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities was published on the website of the Commerce and Economic Development Bureau
(https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html). Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

(Posted on 26 March 2020)

 


On 4 March 2020, the United Nations Security Council ISIL (Da'esh) and AI-Qaida Sanctions Committee added three entities to its sanctions list. Please see press release number SC/14136 at the link below:
https://www.un.org/press/en/2020/sc14136.doc.htm

The latest ISIL (Da'esh) and AI-Qaida sanctions list and 1988 sanctions list published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20202410e/cgn2020241010.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20202410e/egn2020241010.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities was published on the website of the Commerce and Economic Development Bureau
(https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html). Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

(Posted on 6 March 2020)

 


Subsequent to the Financial Action Task Force (FATF) Plenary and Working Group meeting held between 16 to 20 February 2020, FATF issued (i) a public statement regarding two jurisdictions, and (ii) a document titled "Jurisdictions under Increased Monitoring". Details are as follows -

(i) FATF Statement on High-Risk Jurisdictions subject to a Call for Action

  • A FATF Statement on High Risk Jurisdictions Subject to a Call for Action was published on 21 February 2020 (http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/call-for-action-february-2020.html), regarding Democratic People's Republic of Korea (DPRK) subject to a FATF call on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing risks emanating from the jurisdiction.

  • Meanwhile, Iran is subject to a FATF call on its members and other jurisdictions to apply, in line with Recommendation 19 Note (i.e. Higher Risk Countries) -

    1. increased supervisory examination for branches and subsidiaries of financial institutions based in Iran;

    2. enhanced relevant reporting mechanisms or systematic reporting of financial transactions; and

    3. increased external audit requirements for financial groups with respect to any of their branches and subsidiaries located in Iran.

Note According to Recommendation 23, Designated Non-Financial Businesses and Professions should be required to comply with the higher-risk countries requirements set out in Recommendation 19.

(ii) Jurisdictions under Increased Monitoring

In another document titled Jurisdictions under Increased Monitoring (http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/increased-monitoring-february-2020.html, also published on 21 February 2020, FATF has identified 18 jurisdictions (Albania, The Bahamas, Barbados, Botswana, Cambodia, Ghana, Iceland, Jamaica, Mauritius, Mongolia, Myanmar, Nicaragua, Pakistan, Panama, Syria, Uganda, Yemen, Zimbabwe) with strategic AML/CFT deficiencies for which they have developed an action plan with FATF.

(Posted on 26 February 2020)

 

 


On 23 February 2020, the United Nations Security Council ISIL (Da'esh) and AI-Qaida Sanctions Committee added two entities to the sanctions list. Please see press release number SC/14118 at the link below:
https://www.un.org/press/en/2020/sc14118.doc.htm

The latest ISIL (Da'esh) and AI-Qaida sanctions list and 1988 sanctions list published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20202409e/cgn202024099.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20202409e/egn202024099.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities was published on the website of the Commerce and Economic Development Bureau
(https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html). Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

(Posted on 26 February 2020)

 

 


On 18 February 2020, the United Nations Security Council ISIL (Da'esh) and AI-Qaida Sanctions Committee removed two individuals from the sanctions list. Please see press release number SC/14113 at the link below:
https://www.un.org/press/en/2020/sc14113.doc.htm

The latest ISIL (Da'esh) and AI-Qaida sanctions list and 1988 sanctions list published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20202407e/cgn202024077.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20202407e/egn202024077.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities is published on the website of the Commerce and Economic Development Bureau
(https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html). Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

(Posted on 21 February 2020)

 

 


On 4 February 2020, the United Nations Security Council ISIL (Da'esh) and AI-Qaida Sanctions Committee added one individual to the sanctions list. Please see press release number SC/14097 at the link below:
https://www.un.org/press/en/2020/sc14097.doc.htm

The latest ISIL (Da'esh) and AI-Qaida sanctions list and 1988 sanctions list published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20202405e/cgn202024055.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20202405e/egn202024055.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities is published on the website of the Commerce and Economic Development Bureau
(https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html). Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

(Posted on 13 February 2020)

 

 


On 14 January 2020, the United Nations Security Council ISIL (Da'esh) and AI-Qaida Sanctions Committee published its press release and amended 85 entries on its sanctions list. Please see press release number SC/14078 at the link below:
https://www.un.org/press/en/2020/sc14078.doc.htm

The latest ISIL (Da'esh) and AI-Qaida sanctions list and 1988 sanctions list published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20202402e/cgn202024022.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20202402e/egn202024022.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities is published on the website of the Commerce and Economic Development Bureau
(https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html). Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

(Posted on 21 January 2020)

 

 


Transparency of beneficial ownership is essential to prevent the misuse of companies for money laundering or terrorist financing. Based on reviews conducted in the fourth round of mutual evaluation so far, the Financial Action Task Force ("FATF") has identified obstacles to effective implementation of FATF's recommendation in this area and published the paper on "Best Practices on Beneficial Ownership for Legal Persons" ("the paper"). The paper can be accessed at http://www.fatf-gafi.org/publications/methodsandtrends/documents/best-practices-beneficial-ownership-legal-persons.html.

The paper aims to provide suggested solutions to the disclosure of beneficial ownership, supported by cases and examples of best practices from delegations of member jurisdictions of the FATF. The paper draws on the experience of different jurisdictions, information provided by the delegations, as well as the work carried out by other stakeholders in the field.

(Posted on 8 January 2020)

 

 


On 5 November 2019, the United Nations Security Council ISIL (Da'esh) and AI-Qaida Sanctions Committee removed the name of one individual on its sanctions lists. Please see press release number SC/14014 at the link below:

https://www.un.org/press/en/2019/sc14014.doc.htm

The latest ISIL (Da'esh) and AI-Qaida sanctions list and 1988 sanctions list published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20192349e/cgn20192349507.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20192349e/egn20192349507.pdf

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities is published on the website of the Commerce and Economic Development Bureau). Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

(Posted on 7 November 2019)

 

 


Financial Action Task Force (FATF) issued (i) a public statement regarding two jurisdictions and (ii) a document titled "Improving Global AML/CFT Compliance: On-going Process" concerning twelve jurisdictions. Details are as follows -

 

  1. Public Statement
    A Public Statement was published on 18 October 2019 regarding Democratic People's Republic of Korea (DPRK) subject to a FATF call on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing risks emanating from the jurisdiction.

    Meanwhile, Iran is subject to a FATF call on its members and other jurisdictions to apply, in line with Recommendation 19 Note (i.e. Higher Risk Countries) -
    (a) increased supervisory examination for branches and subsidiaries of financial institutions based in Iran;
    (b) enhanced relevant reporting mechanisms or systematic reporting of financial transactions; and
    (c) increased external audit requirements for financial groups with respect to any of their branches and subsidiaries located in Iran.

    Note According to Recommendation 23, DNFBPs should be required to copy with the higher-risk countries requirements set out in Recommendation 19.

     

  2. Jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF
    A document titled Improving Global AML/CFT Compliance: On-going Process, FATF has identified 12 jurisdictions (The Bahamas, Botswana, Cambodia, Ghana, Iceland, Mongolia, Pakistan, Panama, Syria, Trinidad and Tobago, Yemen, Zimbabwe) with strategic AML/CFT deficiencies for which they have developed an action plan with FATF.

(Posted on 23 October 2019)

 

 


On 11 October 2019, the United Nations Security Council ISIL (Da'esh) and AI-Qaida Sanctions Committee amended the details of one individual on its sanctions lists. Please see press release number SC/13984 at the link below:

https://www.un.org/press/en/2019/sc13984.doc.htm

The latest ISIL (Da'esh) and AI-Qaida sanctions list and 1988 sanctions list published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20192344e/cgn2019234451.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20192344e/egn2019234451.pdf

In respect of the ISIL (Da'esh) and AI-Qaida sanctions list, sections 2 and 3 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and AI-Qaida Regulation") prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

 

 


On 20 August 2019, the United Nations Security Council ISIL (Da'esh) and AI-Qaida Sanctions Committee amended one entry to its sanctions lists. Please see press release number SC/13924 at the link below:

https://www.un.org/press/en/2019/sc13924.doc.htm

The latest ISIL (Da'esh) and AI-Qaida sanctions list and 1988 sanctions list published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20192335e/cgn2019233641.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20192335e/egn2019233641.pdf

In respect of the ISIL (Da'esh) and AI-Qaida sanctions list, sections 2 and 3 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and AI-Qaida Regulation") prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

 

 


On 14 August 2019, the United Nations Security Council ISIL (Da'esh) and AI-Qaida Sanctions Committee added two entries to its sanctions lists. Please see press release number SC/13918 at the link below:

https://www.un.org/press/en/2019/sc13918.doc.htm

The latest ISIL (Da'esh) and AI-Qaida sanctions list and 1988 sanctions list published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20192335e/cgn2019233540.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20192335e/egn2019233540.pdf

In respect of the ISIL (Da'esh) and AI-Qaida sanctions list, sections 2 and 3 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and AI-Qaida Regulation") prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

 

 


On 9 August 2019, the United Nations Security Council ISIL (Da'esh) and AI-Qaida Sanctions Committee amended one entry from its sanctions lists. Please see press release number SC/13914 at the link below:

https://www.un.org/press/en/2019/sc13914.doc.htm

The latest ISIL (Da'esh) and AI-Qaida sanctions list and 1988 sanctions list published in the Gazette are at the following links:

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20192334e/cgn2019233439.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20192334e/egn2019233439.pdf

In respect of the ISIL (Da'esh) and AI-Qaida sanctions list, sections 2 and 3 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and AI-Qaida Regulation") prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

 

 


FATF issued (i) a public statement regarding two jurisdictions and (ii) a document titled "Improving Global AML/CFT Compliance: On-going Process" concerning twelve jurisdictions. Details are as follows -

 

    1. Public Statement

      A Public Statement was published on 21 June 2019 (http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/public-statement-june-2019.html) regarding one jurisdiction subject to a FATF call on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing risks emanating from the jurisdiction, namely Democratic People's Republic of Korea (DPRK), and one jurisdiction subject to a FATF call on its members and other jurisdictions to apply enhanced due diligence measures proportionate to the risks arising from the jurisdiction, namely Iran.

    2. Jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF

      A document titled Improving Global AML / CFT Compliance: On-going Process was published on 21 June 2019 (http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/fatf-compliance-june-2019.html), FATF has identified 12 jurisdictions (The Bahamas, Botswana, Cambodia, Ethiopia, Ghana, Pakistan, Panama, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Yemen) with strategic AML/CFT deficiencies for which they have developed an action plan with FATF.

  1. Risk Based Approach ("RBA") for Legal Professionals

    The FATF has issued the RBA for Legal Professionals at (http://www.fatf-gafi.org/publications/fatfrecommendations/documents/rba-legal-professionals.html). The Guidance includes a general presentation of the RBA and provides specific guidance for individuals, firms and supervisor.

  2. Mutual Evaluation on Hong Kong by the FATF

    The Government has issued a press release on 26 June 2019 (https://www.info.gov.hk/gia/general/201906/26/P2019062600712.htm) relating to the FATF Mutual Evaluation on Hong Kong.

Extraordinary Gazettal of Terrorists and Terrorist Associates under the United Nations (Anti-Terrorism Measures) Ordinance (Cap. 575) - Updating of specification of terrorists and terrorist associates designated by the United Nations Security Council Committee

The updated list of terrorists and terrorist associates designated by the United Nations Security Council Committee was gazetted on 22 May 2019.

The United Nations Press Release is at
https://www.un.org/press/en/2019/sc13818.doc.htm.

The relevant Gazettes (Chinese and English versions) can be accessed via the following links -
Chinese Version
https://www.gld.gov.hk/egazette/pdf/20192331e/cgn2019233131.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20192331e/egn2019233131.pdf

 

 


On 21 May 2019, the Committee of the United Nations Security Council ("UNSC") established pursuant to UNSC Resolutions 1267, 1989 and 2253 concerning the Islamic State in Iraq and the Levant ("ISIL") and Al-Qaida ("the Committee") removed one individual from the lists of individuals and entities subject to sanctions under the sanctions regime for ISIL and Al-Qaida. Please refer to the press release for details.

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities was published on the website of the Commerce and Economic Development Bureau on 22 May 2019. Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

Links to the list of individuals, groups, undertakings and entities:
https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_en.pdf https://www.cedb.gov.hk/citb/doc/tc/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_tc.pdf

 

 


Extraordinary Gazettal of Terrorists and Terrorist Associates under the United Nations (Anti-Terrorism Measures) Ordinance (Cap. 575) - Updating of specification of terrorists and terrorist associates designated by the United Nations Security Council Committee

The updated list of terrorists and terrorist associates designated by the United Nations Security Council Committee was gazetted on 15 May 2019.

The United Nations Press Release is at
https://www.un.org/press/en/2019/sc13806.doc.htm and
https://www.un.org/press/en/2019/sc13808.doc.htm

The relevant Gazettes (Chinese and English versions) can be accessed via the following links -
Chinese Version
https://www.gld.gov.hk/egazette/pdf/20192328e/cgn2019232828.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20192328e/egn2019232828.pdf

 

 


On 14 May 2019, the Committee of the United Nations Security Council ("UNSC") established pursuant to UNSC Resolutions 1267, 1989 and 2253 concerning the Islamic State in Iraq and the Levant ("ISIL") and Al-Qaida removed one individual from and added one entity to the lists of individuals and entities subject to sanctions under the sanctions regime for ISIL and Al-Qaida. Please refer to the press releases (https://www.un.org/press/en/2019/sc13806.doc.htm) and (https://www.un.org/press/en/2019/sc13808.doc.htm)for details.

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities was published on the website of Commerce and Economic Development Bureau website of Commerce and Economic Development Bureau on 15 May 2019. Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

Links to the list of individuals, groups, undertakings and entities:
https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_en.pdf
https://www.cedb.gov.hk/citb/doc/tc/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_tc.pdf

 

 


Extraordinary Gazettal of Terrorists and Terrorist Associates under the United Nations (Anti-Terrorism Measures) Ordinance (Cap. 575) - Updating of specification of terrorists and terrorist associates designated by the United Nations Security Council Committee

The updated list of terrorists and terrorist associates designated by the United Nations Security Council Committee was gazetted on 2 May 2019.

The United Nations Press Release is at https://www.un.org/press/en/2019/sc13798.doc.htm

The relevant Gazettes (Chinese and English versions) can be accessed via the following links -
Chinese Version
https://www.gld.gov.hk/egazette/pdf/20192326e/cgn2019232626.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20192326e/egn2019232626.pdf

 

 


On 1 May 2019, the Committee of the United Nations Security Council ("UNSC") established pursuant to UNSC Resolutions 1267, 1989 and 2253 concerning the Islamic State in Iraq and the Levant ("ISIL") and Al-Qaida added one individual and amended the details of 73 individuals and seven entities subject to sanctions under the sanctions regime for ISIL and Al-Qaida. Please refer to the press releases (https://www.un.org/press/en/2019/sc13798.doc.htm) and (https://www.un.org/press/en/2019/sc13799.doc.htm)for details.

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities was published on the website of Commerce and Economic Development Bureau website of Commerce and Economic Development Bureau on 2 May 2019. Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

Links to the list of individuals, groups, undertakings and entities:
https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_en.pdf
https://www.cedb.gov.hk/citb/doc/tc/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_tc.pdf

 

 


Extraordinary Gazettal of Terrorists and Terrorist Associates under the United Nations (Anti-Terrorism Measures) Ordinance (Cap. 575) - Updating of specification of terrorists and terrorist associates designated by the United Nations Security Council Committee

The updated list of terrorists and terrorist associates designated by the United Nations Security Council Committee was gazetted on 23 April 2019.

The United Nations Press Release is at https://www.un.org/press/en/2019/sc13787.doc.htm

The relevant Gazettes (Chinese and English versions) can be accessed via the following links -
Chinese Version
https://www.gld.gov.hk/egazette/pdf/20192323e/cgn2019232323.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20192323e/egn2019232323.pdf

 

 


On 22 April 2019, the Committee of the United Nations Security Council ("UNSC") established pursuant to UNSC Resolutions 1267, 1989 and 2253 concerning the Islamic State in Iraq and the Levant ("ISIL") and Al-Qaida removed one individual subject to sanctions under the sanctions regime for ISIL and Al-Qaida. Please refer to the press release (https://www.un.org/press/en/2019/sc13787.doc.htm) for details.

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities was published on the website of Commerce and Economic Development Bureau ( https://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html ) on 23 April 2019. Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled

Links to the list of individuals, groups, undertakings and entities:
https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_en.pdf
https://www.cedb.gov.hk/citb/doc/tc/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_tc.pdf

 

 


Extraordinary Gazettal of Terrorists and Terrorist Associates under the United Nations (Anti-Terrorism Measures) Ordinance (Cap. 575) - Updating of specification of terrorists and terrorist associates designated by the United Nations Security Council Committee

The updated list of terrorists and terrorist associates designated by the United Nations Security Council Committee was gazetted on 18 April 2019.

The United Nations Press Release is at
https://www.un.org/press/en/2019/sc13784.doc.htm

The relevant Gazettes (Chinese and English versions) can be accessed via the following links -
Chinese Version
https://www.gld.gov.hk/egazette/pdf/20192322e/cgn2019232222.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20192322e/egn2019232222.pdf

 

 


On 17 April 2019, the Committee of the United Nations Security Council ("UNSC") established pursuant to UNSC Resolutions 1267, 1989 and 2253 concerning the Islamic State in Iraq and the Levant ("ISIL") and Al-Qaida amended the details of an individual subject to sanctions under the sanctions regime for ISIL and Al-Qaida. Please refer to the press release for details.

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities was published on the website of Commerce and Economic Development Bureau on 18 April 2019. Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

Links to the list of individuals, groups, undertakings and entities:
https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_en.pdf
https://www.cedb.gov.hk/citb/doc/tc/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_tc.pdf

 

 


Extraordinary Gazettal of Terrorists and Terrorist Associates under the United Nations (Anti-Terrorism Measures) Ordinance (Cap. 575) - Updating of specification of terrorists and terrorist associates designated by the United Nations Security Council Committee

The updated list of terrorists and terrorist associates designated by the United Nations Security Council Committee was gazetted on 16 April 2019.

The United Nations Press Release is at https://www.un.org/press/en/2019/sc13779.doc.htm

The relevant Gazettes (Chinese and English versions) can be accessed via the following links -
Chinese Version
https://www.gld.gov.hk/egazette/pdf/20192321e/cgn2019232121.pdf
English Version
https://www.gld.gov.hk/egazette/pdf/20192321e/egn2019232121.pdf

 

 


On 16 April 2019, the Committee of the United Nations Security Council ("UNSC") established pursuant to UNSC Resolutions 1267, 1989 and 2253 concerning the Islamic State in Iraq and the Levant ("ISIL") and Al-Qaida ("the Committee") removed one entity subject to sanctions under the sanctions regime for ISIL and Al-Qaida. Please refer to the press release for details.

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities was published on the website of Commerce and Economic Development Bureau on 16 April 2019. Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

Links to the list of individuals, groups, undertakings and entities:
https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_en.pdf
https://www.cedb.gov.hk/citb/doc/tc/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_tc.pdf

 

 


On 30 March 2019, the Committee of the United Nations Security Council ("UNSC") established pursuant to UNSC Resolutions 1267, 1989 and 2253 concerning the Islamic State in Iraq and the Levant ("ISIL") and Al-Qaida ("the Committee") amended the details of six individuals subject to sanctions under the sanctions regime for ISIL and Al-Qaida. Please refer to the press release for details.

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities was published on the website of Commerce and Economic Development Bureau on 30 March 2019. Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

Links to the list of individuals, groups, undertakings and entities:
https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_en.pdf
https://www.cedb.gov.hk/citb/doc/tc/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_tc.pdf

 

 


On 23 March 2019, the Committee of the United Nations Security Council ("UNSC") established pursuant to UNSC Resolutions 1267, 1989 and 2253 concerning the Islamic State in Iraq and the Levant ("ISIL") and Al-Qaida ("the Committee") added an entity subject to sanctions under the sanctions regime for ISIL and Al-Qaida. Please refer to the press release.

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities was published on the website of Commerce and Economic Development Bureau on 23 March 2019. Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

Links to the list of individuals, groups, undertakings and entities:
https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_en.pdf
https://www.cedb.gov.hk/citb/doc/tc/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_tc.pdf

 

 


On 13 March 2019, the Committee of the United Nations Security Council ("UNSC") established pursuant to UNSC Resolutions 1267, 1989 and 2253 concerning the Islamic State in Iraq and the Levant ("ISIL") and Al-Qaida ("the Committee") amended the personal information of an individual subject to sanctions under the sanctions regime for ISIL and Al-Qaida. Please refer to the press release for details.

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities is published on the website of Commerce and Economic Development Bureau on 14 March 2019. Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

Links to the list of individuals, groups, undertakings and entities:
https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_en.pdf
https://www.cedb.gov.hk/citb/doc/tc/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_tc.pdf

 

 


On 28 February 2019, the Committee of the United Nations Security Council ("UNSC") established pursuant to UNSC Resolutions 1267, 1989 and 2253 concerning the Islamic State in Iraq and the Levant ("ISIL") and Al-Qaida added one individual subject to sanctions under the sanctions regime for ISIL and Al-Qaida. Please refer to the press release for details.

Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), an updated list of individuals, groups, undertakings and entities is published on the website of Commerce and Economic Development Bureau on 1 March 2019. Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related material) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

Links to the list of individuals, groups, undertakings and entities:
https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_en.pdf
https://www.cedb.gov.hk/citb/doc/tc/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_tc.pdf

 

 


Subsequent to the Financial Action Task Force (FATF) Plenary and Working Group meeting held between 17 to 22 February 2019, FATF issued (i) a public statement regarding two jurisdictions and (ii) a document titled "Improving Global AML/CFT Compliance: On-going Proces" concerning twelve jurisdictions. Details are as follows -

(i) Public Statement
a Public Statement was published on 22 February 2019 egarding 1 jurisdiction subject to a FATF call on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing risks emanating from the jurisdiction, namely Democratic People's Republic of Korea (DPRK), and 1 jurisdiction subject to a FATF call on its members and other jurisdictions to apply enhanced due diligence measures proportionate to the risks arising from the jurisdiction, namely Iran.

(ii) Jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF
in another document titled Improving Global AML/CFT Compliance: On-going Process, FATF has identified 12 jurisdictions (The Bahamas, Botswana, Cambodia, Ethiopia, Ghana, Pakistan, Serbia, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Yemen) with strategic AML/CFT deficiencies for which they have developed an action plan with FATF.

 

 


Pursuant to section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation ("ISIL and Al-Qaida Regulation"), a list of individuals, groups, undertakings and entities was published on the Commerce and Economic Development Bureau's website on 9 February 2019. Sections 2 and 3 of the ISIL and Al-Qaida Regulation prohibit the supply, sale, transfer and carriage of prohibited goods (i.e. arms or related materiel) to individuals, groups, undertakings and entities on the list as well as those acting on behalf of or acting at the direction of such individuals, groups, undertakings and entities. Section 5 of the ISIL and Al-Qaida Regulation prohibits the making available of any economic assets to or for the benefit of all the above-mentioned individuals, groups, undertakings and entities, as well as dealing with any economic assets belonging to, or owned or controlled by them.

Links to the list of individuals, groups, undertakings and entities:

https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_en.pdf

 

 


The Government has published in the Gazette an updated list of relevant persons and entities pursuant to section 38 of the United Nations Sanctions (Libya) Regulation 2011.

The United Nations Press Release SC/13587 is at https://www.un.org/press/en/2018/sc13587.doc.htm

The Government Notice 8704 is at https://www.gld.gov.hk/egazette/pdf/20182247/egn201822478704.pdf

 

 


The Government has published an updated list of individuals and entities under section 32 of the United Nations Sanctions (South Sudan) Regulation 2018 ("the List").

The United Nations Press Release 13598 is at https://www.un.org/press/en/2018/sc13598.doc.htm

The List is at
https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/List_of_TargetedFinancialSanctions_south_sudan_en.pdf

 

 


The Government has published in the Gazette on 20 November 2018 an updated list of names of persons designated as terrorists or terrorist associates by the United Nations Security Council.

The United Nations Press Release is at https://www.un.org/press/en/2018/sc13591.doc.htm

The Government Notice (E) 67 of 2018 published in the Gazette is at
https://www.gld.gov.hk/egazette/pdf/20182259e/egn2018225967.pdf

 

 


A list of individuals and entities has been published under section 32 of the United Nations Sanctions (South Sudan) Regulation 2018.

The list is at
https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/List_of_TargetedFinancialSanctions_south_sudan_en.pdf

 

 


FATF issued a public statement relating to 2 jurisdictions and a document titled "Improving Global AML/CFT Compliance: On-going Process" relating to 11 other jurisdictions. These documents are at the following links:-

http://www.fatf-gafi.org/publications/high-riskandnon-cooperativejurisdictions/documents/public-statement-october-2018.html

http://www.fatf-gafi.org/publications/high-riskandnon-cooperativejurisdictions/documents/fatf-compliance-october-2018.html

 

 


The Government has published in the Gazette on 16 October 2018 an updated list of terrorists and terrorist associates designated by the United Nations Security Council Committee.

The United Nations press release is at https://www.un.org/press/en/2018/sc13539.doc.htm

The Gazette is at https://www.gld.gov.hk/egazette/pdf/20182246e/egn2018224654.pdf

 

 


The Government has published in the Gazette on 5 Oct 2018 an updated list of terrorists and terrorist associates designated by the United Nations Security Council Committee.

The Gazette is at https://www.gld.gov.hk/egazette/pdf/20182245e/egn2018224553.pdf

 

 


The Government has published an updated list of individuals, groups, undertakings and entities under the United Nations Sanctions (ISIL and AL-Qaida) Regulation.

ISIL and Al-Qaida

List of individuals, groups, undertakings and entities
https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_en.pdf

 

 


The Government has published in the Gazette the United Nations Sanctions (ISIL and Al - Qaida) Regulation. This Regulation is at https://www.gld.gov.hk/egazette/pdf/20182238/es220182238157.pdf

The press release is at http://www.info.gov.hk/gia/general/201809/21/P2018092100305.htm .

The list of individuals, groups, undertakings and entities published under section 25 of this Regulation is at https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/isil_and_ai-qaida_List_of_TargetedFinancialSanctions_en.pdf

 

 


The Government has also published a list of relevant persons and entities under the United Nations Sanctions (Libya) Regulation in the Gazette. The Government Notice 7033 is at https://www.gld.gov.hk/egazette/pdf/20182238/egn201822387033.pdf

The United Nations Press Release is at https://www.un.org/press/en/2018/sc13508.doc.htm

 

 


The Government published in the Gazette an updated list of relevant persons and relevant entities under the United Nations Sanctions (Libya) Regulation 2011 on 14 September 2018.

Please click here for the Government Notice 6889.

 

 


The United Nations Security Council ISIL (Da'esh) and Al-Qaida Sanctions Committee amended 3 entries to its Sanctions List on 23 August 2018. The Government gazetted an updated list of terrorists and terrorist associates designated by the United Nations Security Council Committee on 24 August 2018.

The press release is at https://www.un.org/press/en/2018/sc13462.doc.htm

The English version of the Gazette is at https://www.gld.gov.hk/egazette/pdf/20182240e/egn2018224048.pdf

 

 


A notice was published in the Gazette on 10 August 2018 setting out an updated list of terrorists and terrorist associates designated by the United Nations Security Council Committee (copy attached).

The press release is at https://www.un.org/press/en/2018/sc13452.doc.htm

The gazette in English version is at https://www.gld.gov.hk/egazette/pdf/20182237e/egn2018223745.pdf

 

 


The United Nations Security Council amended the details of one entity subject to the financial sanctions under the sanctions regime for the Democratic People's Republic of Korea.

The press release is at https://www.un.org/press/en/2018/sc13449.doc.htm

The updated list of relevant persons and entities under section 31 of the United Nations Sanctions (Democratic People's Republic of Korea) Regulation is at
https://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/Centre_1.pdf

 

 


Statements issued by the Financial Action Task Force

 

 


The updated list of relevant persons and relevant entities under the United Nations Sanctions (Democratic People's Republic of Korea) Regulation (Cap. 537AE) was published in Gazette Extraordinary on 24 May 2018. The relevant gazettes (Chinese and English versions) can be found in the following links -

Chinese Version
https://www.gld.gov.hk/egazette/pdf/20182223e/cgn2018222326.pdf

English Version
https://www.gld.gov.hk/egazette/pdf/20182223e/egn2018222326.pdf

More information in relation to the United Nations sanctions can be found in the following link -
http://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html"

Security Council 1718 Sanctions Committee Amends One Entry on Its Sanctions List

The List established and maintained pursuant to Security Council res. 1718 (2006)

 

 


Updating of specification of terrorists and terrorist associates designated by the United Nations Security Council Committees

A notice was published in the Gazette on 20 April 2018 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations.

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the ISIL (Da'esh) or the A1-Qaida since the last notice published in the Gazette;
  2. There is one area of updating in respect of the list of designations associated with the Taliban:
    1. amendments to 1 individual on the list;
  3. For details, you may refer to the press releases issued by the Security Council Committee of the United Nations.

 

 


Guidance Paper issued by the Financial Action Task Force

The FATF has issued a guidance paper entitled "Guidance on Counter Proliferation Financing – The Implementation of Financial Provisions of United Nations Security Council Resolutions to Counter the Proliferation of Weapons of Mass Destruction". It is non-binding. It provides guidance to the public in understanding and implementing proliferation financing-related Targeted Financial Sanctions made under United Security Council Resolutions.

 

 


Gazettal of Sanctions List under the United Nations Sanctions Regulation

The sanctions list under the United Nations Sanctions (Democratic People's Republic of Korea) Regulation(Cap. 537 AE) has been gazetted on 23 February 2018 (copy attached).

More information in relation to the United Nations sanctions can be found in the following link:
http://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

The updated list of terrorists and terrorist associates designated by the United Nations Security Council Committee has been gazetted on 16 March 2018 (copy attached).

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 2 March 2018 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations (copy attached).

 

 

 


 

Statements issued by the Financial Action Task Force

The FATF issued a public statement regarding 2 jurisdictions and a document titled "Improving Global AML/CFT Compliance: On-going Process" concerning 9 other jurisdictions.

 

 

 


 

Gazettal of Sanctions List under the United Nations Sanctions Regulation

The sanctions list under the United Nations Sanctions (Democratic Republic of the Congo) Regulation 2017 has been gazetted on 9 February 2018 (copy attached).

More information in relation to the United Nations sanctions can be found in the following link -
http://www.cedb.gov.hk/citb/en/Policy_Responsibilities/united_nations_sanctions.html

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 12 January 2018 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations (copy attached).

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette;
  2. There are two areas of updating in respect of the list of designations associated with the ISIL (Da'esh) or the A1-Qaida:
    1. "deletion of 1 individual from the list"; and
    2. "amendments to 1 individual on the list".
  3. For details, you may refer to the attached press releases issued by the Security Council Committee of the United Nations.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 29 December 2017 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations (copy attached).

The Security Bureau advised that the United Nations Security Council has further designated 16 persons and 1 entity as persons and entities subject to financial sanctions under the sanctions regime for the Democratic People's Republic of Korea on 22 December 2017. A copy of the complete sanction list, including the newly designated persons and entity mentioned above, is attached for your ease of reference.

For details, you may refer to the attached press releases issued by the Security Council Committee of the United Nations."

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 1 December 2017 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations (copy attached).

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette;
  2. There is one area of updating in respect of the list of designations associated with the ISIL (Da'esh) or the A1-Qaida:
    1. "amendments to 1 entry on the list"
  3. For details, you may refer to the attached press releases issued by the Security Council Committee of the United Nations.

 

 

 


 

Statements issued by the Financial Action Task Force

The FATF issued a public statement regarding 2 jurisdictions and a document titled "Improving Global AML/CFT Compliance: On-going Process" concerning 9 other jurisdictions.

 

 

 


 

Gazettal of Namelist under the United Nations Sanctions Regulation

 

The Government has gazetted the United Nations Sanctions (Sudan) Regulation 2013 on 27 October 2017 setting out the namelist of relevant persons.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 6 October 2017 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations (copy attached).

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette;
  2. There is one area of updating in respect of the list of designations associated with the ISIL (Da'esh) or the A1-Qaida:
    1. "amendments to 5 individuals on the list"
  3. For details, you may refer to the attached press releases issued by the Security Council Committee of the United Nations.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 18 September 2017 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations.

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette;
  2. There is one area of updating in respect of the list of designations associated with the ISIL (Da'esh) and the A1-Qaida:
    1. "deletion of 1 individual from the list"
  3. For details, you may refer to the attached press releases issued by the Security Council Committee of the United Nations.

 

 

 


 

Gazettal of Namelist under the United Nations Sanctions Regulation

 

The Government has gazetted the United Nations Sanctions (Democratic People's Republic of Korea) Regulation on 15 September 2017 setting out a list of relevant persons and entities.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 8 September 2017 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations.

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette;
  2. There is one area of updating in respect of the list of designations associated with the ISIL (Da'esh) and the A1-Qaida:
    1. "amendments to 1 individual on the list"
  3. For details, you may refer to the attached press releases issued by the Security Council Committee of the United Nations.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 25 August 2017 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations.

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette;
  2. There is one area of updating in respect of the list of designations associated with the ISIL (Da'esh) and the A1-Qaida:
    1. "amendments to 1 individual on the list"
    2. "addition of 1 individual to the list"
  3. For details, you may refer to the attached press releases issued by the Security Council Committee of the United Nations.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 11 August 2017 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations.

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette;
  2. There is an area of updating in respect of the list of designations associated with the ISIL (Da'esh) or the A1-Qaida:
    1. "deletion of 1 individual from the list".
  3. For details, you may refer to the attached press releases issued by the Security Council Committee of the United Nations.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 4 August 2017 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations.

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette;
  2. There are two areas of updating in respect of the list of designations associated with the ISIL (Da'esh) or the A1-Qaida:
    1. "deletion of 1 individual from the list"; and
    2. "addition of 2 individuals to the list".
  3. For details, you may refer to the attached press releases issued by the Security Council Committee of the United Nations.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 14 July 2017 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette;
  2. There are two areas of updating in respect of the list of designations associated with the ISIL (Da'esh) or the A1-Qaida:
    1. "deletion of 3 individuals from the list"; and
    2. "addition of 1 entity to the list".
  3. For details, you may refer to the attached press releases issued by the Security Council Committees of the United Nations.

 

 

 


 

Statements issued by the Financial Action Task Force

The FATF issued a public statement regarding 2 jurisdictions and a document titled "Improving Global AML/CFT Compliance: On-going Process" concerning 7 other jurisdictions.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 16 June 2017 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations.

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette;
  2. There is one area of updating in respect of the list of designations associated with the ISIL (Da'esh) or the A1-Qaida:
    1. "amendments to 1 entity on the list".
  3. For details, please click here for the press releases issued by the Security Council Committees of the United Nations.

 

 

 


 

Gazettal of Namelist under the United Nations Sanctions Regulation

The Government has gazetted the United Nations Sanctions Ordinance setting out a list of relevant persons.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 12 May 2017 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations.

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette;
  2. There is one area of updating in respect of the list of designations associated with the ISIL (Da'esh) or the A1-Qaida:
    1. "deletion of 4 individuals from the list".
  3. For details, please click here for the press releases issued by the Security Council Committees of the United Nations.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 31 March 2017 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette;
  2. There are two areas of updating in respect of the list of designations associated with the ISIL (Da'esh) or the A1-Qaida:
    1. "deletion of 1 individual from the list"; and
    2. "amendments to 2 individuals on the list".
  3. For details, please click here for the press releases issued by the Security Council Committees of the United Nations.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 3 March 2017 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations).

The Security Bureau advised that:-

  1. There is one area of updatings in respect of the list of designations associated with the Taliban:
    1. "deletion of 1 individual from the list"; and
  2. There is one area of updatings in respect of the list of designations associated with the ISIL or the A1-Qaida:
    1. "amendment to 4 individuals on the list".
  3. For details, please refer to the Press Releases issued by the Security Council Committees of the United Nations.

 

 

 


 

Statements issued by the Financial Action Task Force

The FATF issued a public statement regarding 1 jurisdiction and a document titled "Improving Global AML/CFT Compliance: On-going Process" concerning 9 other jurisdictions.

 

 

 


 

Statements issued by the Financial Action Task Force

The FATF issued a public statement regarding 2 jurisdictions in its Plenary held between 16 to 21 October 2016 and a document titled "Improving Global AML/CFT Compliance: On-going Process" concerning 8 other jurisdictions.

 

 

 


 

A notice was published in the Gazette on 6 January 2017 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations

The Security Bureau advised that:-

  1. There has been one update on the consolidated list of designations associated with the Taliban:
    1. "amendment to 1 individual on the list".
  2. There is no area of updatings in respect of the list of designations associated with the ISIL or the A1-Qaida.
  3. For details, please click here for the press releases issued by the Security Council Committees of the United Nations.

 

 

 


 

Statements issued by the Financial Action Task Force

The FATF issued a public statement regarding 2 jurisdictions in its Plenary held between 16 to 21 October 2016 and a document titled "Improving Global AML/CFT Compliance: On-going Process" concerning 8 other jurisdictions.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 30 September 2016 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations.

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette.
  2. There is one area of updatings in respect of the list of designations associated with the ISIL or the A1-Qaida:
    1. "amendment to 2 individuals on the list".
  3. For details, please click here for the press releases issued by the Security Council Committees of United Nations.

The namelist under The United Nations Sanctions (Yemen) Regulation and The United Nations Sanctions (Afghanistan) Regulation were also gazetted on 30 September 2016.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 2 September 2016 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations.

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette.
  2. There is one area of updatings in respect of the list of designations associated with the A1-Qaida:
    1. "amendment to 1 individual on the list".
  3. For details, please click here for a copy of press releases issued by the Security Council Committees of United Nations.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 15 July 2016 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations.

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette.
  2. There is one area of updating in respect of the list of designations associated with the ISIL (Da'esh) or the A1-Qaida:
    1. "deletion of 1 individual from the list".
  3. For details, please click here the press releases issued by the Security Council Committees of United Nations.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 8 July 2016 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations.

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette.
  2. There are two areas of updating in respect of the list of designations associated with the ISIL (Da'esh) or the A1-Qaida:
    1. amendments to 8 individuals and 1 entity on the list"; and
    2. "deletion of 1 individual from the list".
  3. For details, please click here for a press releases issued by the Security Council Committees of United Nations.

 

 

 


 

Statements issued by the Financial Action Task Force

The FATF issued a public statement regarding 2 jurisdictions in its Plenary held between 19 to 24 June 2016 and a document titled "Improving Global AML/CFT Compliance: On-going Process" concerning 9 other jurisdictions.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 29 April 2016 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations.

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette.
  2. There is one area of updatings in respect of the list of designations associated with the ISIL (Da'esh) or the A1-Qaida which is "addition of 5 individuals to the list".
  3. For details, please click here for the press releases issued by the Security Council Committees of United Nations.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 11 March 2016 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations.

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette.
  2. There is one area of updatings in respect of the list of designations associated with the Al-Qaida which is "addition of 11 individuals and 1 entity to the list".
  3. For details, please click here for the press releases issued by the Security Council Committees of United Nations.

In addition, the namelist under The United Nations Sanctions (Democratic People's Republic of Korea) Regulation was gazetted on 18 March 2016.

 

 

 


 

Statements issued by the Financial Action Task Force

The FATF issued a public statement regarding 2 jurisdictions in its Plenary held between 15 to 19 February 2016 and a document titled "Improving Global AML/CFT Compliance: On-going Process" concerning 11 other jurisdictions.

 

 

 


 

Updates of specification of terrorists and terrorist associates designated by the UN Security Council Committees

A notice was published in the Gazette on 4 March 2016 setting out an updated list of names of persons designated as terrorists or terrorist associates by the United Nations.

The Security Bureau advised that:-

  1. There has been no update on the consolidated list of designations associated with the Taliban since the last notice published in the Gazette.
  2. There is one area of updating in respect of the list of designations associated with the ISIL (Da'esh) or the Al-Qaida which is "amendments to 5 individuals on the list".
  3. For details, please click here for the press releases issued by the Security Council Committees of United Nations.

 

 

 


 

Practice Direction P

It is a comprehensive set of guidelines on anti-money laundering and counter terrorist financing issued on 3 December 2007. Practice Direction P consists of, inter alia:-

  1. a table of mandatory requirements for law firms on client identification and verification, client due diligence exercises, record keeping;
  2. a summary of the current relevant legislation on money laundering and terrorist financing;
  3. basic policies and procedures required of law firms;
  4. relevant legal issues on legal professional privilege, client confidentiality, litigation, civil liability and confidentiality agreements;
  5. examples of suspicious transaction indicators and risk areas; and
  6. suspicious transaction reporting.

 

 

 


 

Suspicious transaction reports may be made to the Joint Financial Intelligence Unit ("JFIU") by:

  1. email at jfiu@police.gov.hk
  2. fax to (852) 2529 4013
  3. mail to GPO Box 6555 Hong Kong

 

Enquiries can be made on the JFIU hotline at 2866 3366 or 2860 3404.


 

There are 4 main pieces of legislation in Hong Kong on money laundering and terrorist financing:

  1. Drug Trafficking (Recovery of Proceeds) Ordinance (Cap. 405)
  2. Organized and Serious Crimes Ordinance (Cap. 455)
  3. United Nations (Anti-Terrorism Measures) Ordinance (Cap. 575)
  4. Anti-Money Laundering and Counter-Territorist Financing (Financial Institutions) Ordinance (Cap. 615)

 

 

 


 

More Statements issued by the Financial Action Task Force

Leaflet (English) and Leaflet (Chinese) and Poster