NEWS

Jersey lodges new sanctions and asset-freezing law

The Government of Jersey's Minister for External Relations has issued a new order which brings the Sanctions and Asset-Freezing (Jersey) Law 2019 into effect on 19 July 2019. This law retains Jersey's ability to impose EU sanctions, while also allowing Jersey to impose UK sanctions, from the UK's Sanctions and Anti-Money Laundering Act 2018, after Brexit.

For more information on sanctions in Jersey, please refer to the Government of Jersey's sanctions FAQ page.

PST.AG has reported on SAMLA and its related regulations in previous blog posts and has issued a notice to our customers regarding Brexit.

If the UK leaves the EU, PST.AG will implement all their national sanction regimes in our data. If Jersey has mixed sanction regimes, incorporating sanctions from both the EU and the UK, we will provide a separate data feed for Jersey to our customers.

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