Overview of current sanctions measures
The measures consist of asset freeze and travel ban of persons and/or entities responsible for cyber-attacks or attempted cyber-attacks, as well as those involved in or offering financial, technical or material support for these attacks and those who assist, encourage, facilitate or are associated with them.
Latest news
22 October 2020
22 October 2020
The Sanctions and Asset-Freezing (Implementation of EU Regulations) (Jersey) Order 2020 (the “2020 Order”), made under the Sanctions and Asset Freezing (Jersey) Law 2019 (the “Law”) came into force.
The Order gives effect to the whole of each EU sanctions Regulation specified in Schedule 1, as amended from time to time
30 July 2020
The Amending Regulation adds nine entries to the list of designated persons, groups and entities subject to an asset freeze.
15 June 2019
EU Legislation (Sanctions – Cyber Attacks) (Jersey) Order 2019 comes into force, implementing Council Regulation (EU) 2019/796 of 17 May 2019.
No individuals or entities are designated.
Jersey regime
Having regard to Council Decision (CFSP) 2019/797, the European Community introduced Council Regulation (EU) 2019/796 of 17 May 2019 concerning targeted restrictive measures against cyber-attacks threatening the European Union and Member States (the EU Council Regulation).
The EU Legislation (Sanctions – Cyber-Attacks) (Jersey) Order 2019 was repealed and replaced by the Sanctions and Asset-Freezing (Implementation of EU Regulations) (Jersey) Order 2020 ( the ” 2020 Order”) ( in force from 22 October 2020).
Article 3 of the 2020 Order imposes the asset-freeze provisions in Part 3 of the Sanctions and Asset-Freezing (Jersey) Law 2019 (the SAFL) on any person listed in the relevant Annex of the EU Council Regulation. The Part 3 provisions also include, but are not limited to, articles 15-17 of the SAFL on exceptions, licences, and circumventing prohibitions etc.
Licence giving an exemption to an asset-freeze or other prohibition may only be granted if a relevant derogation is provided for in the EU Council Regulation.
The offences for this regime are set out in articles 4 and 5 of the 2020 Order, and Parts 3, 6, and 8 of the SAFL.
Legal acts
European Union
As the original EU Council Regulation has been subject to amendment, the individual amending EU Regulations and the latest consolidated version of the original EU Council Regulation can be found on the EUR-Lex website.
Jersey legislation on Jersey Legal Information Board
- Sanctions and Asset-Freezing (Implementation of EU Regulations) (Jersey) Order 2020
- Sanctions and Asset-Freezing (Jersey) Law 2019
Further information
Useful information is provided on gov.uk regarding financial sanctions on Cyber-attacks.
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