UK Statutory Instrument SI 2020/610 United Kingdom

The Nicaragua (Sanctions) (EU Exit) Regulations 2020

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Financial Services Firm1

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Financial Services Firm — also bound by 167 other Acts

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.023 Finance: reporting obligations Regulated
  • Report suspected designated persons or sanctions breaches to TreasuryFinancial Services Firm
47 other provisions — procedural and definitional
s.001 Citation and commencement
s.002 Interpretation
s.003 Application of prohibitions and requirements outside the United Kingdom
s.004 Purposes
s.005 Power to designate persons
s.005 Conditions for the designation of persons by name
s.006 Designation criteria: meaning of “involved person”
s.007 Meaning of “owned or controlled directly or indirectly”
s.008 Notification and publicity where designation power used
s.009 Confidential information in certain cases where designation power used
s.010 Meaning of “designated person” in Part 3
s.011 Asset-freeze in relation to designated persons
s.012 Making funds available to designated persons
s.013 Making funds available for benefit of designated persons
s.014 Making economic resources available to designated persons
s.015 Making economic resources available for benefit of designated persons
s.016 Circumventing etc. prohibitions
s.016 Director disqualification sanctions
s.017 Immigration
s.018 Finance: exceptions from prohibitions
s.018 Finance: exception for authorised conduct in a relevant country
s.018 Finance: exception from prohibitions for required payments
s.019 Exception for acts done for purposes of national security or prevention of serious crime
s.020 Treasury licences
s.020 Director disqualification licences
s.020 Licences: general provisions
s.021 Finance: licensing offences
s.021 Director disqualification: licensing offences
s.022 Section 8B(1) to (3) of the Immigration Act 1971: directions
s.023 Finance: reporting obligations for required payments
s.024 “Relevant firm”
s.025 Finance: powers to request information
s.026 Finance: production of documents
s.027 Finance: information offences
s.028 Disclosure of information
s.028 Finance: disclosure to the Treasury
s.029 Part 6: supplementary
s.030 Penalties for offences
s.031 Liability of officers of bodies corporate etc.
s.032 Jurisdiction to try offences
s.033 Procedure for offences by unincorporated bodies
s.034 Time limit for proceedings for summary offences
s.035 Application of Chapter 1 of Part 2 of the Serious Organised Crime and Police Act 2005
s.036 Notices
s.037 Revocations
s.038 Transitional provision: Treasury licences
s.039 Transitional provision: prior obligations etc.
Schedules

Schedules

0 of 25 shown
25 other schedules
s.sch001 Application of Schedule
s.sch001 Shares held by nominees
s.sch001 Rights treated as held by person who controls their exercise
s.sch001 “Arrangement” includes— (a) any scheme, agreement or understanding, whether or...
s.sch001 Rights exercisable only in certain circumstances etc.
s.sch001 Rights attached to shares held by way of security
s.sch001 Joint interests
s.sch001 Joint arrangements
s.sch001 Calculating shareholdings
s.sch001 Voting rights
s.sch001 In applying regulation 7(2) and this Schedule, the voting rights...
s.sch001 Rights to appoint or remove members of the board
s.sch001 A reference to a board of directors, in the case...
s.sch001 Shares or rights held “indirectly”
s.sch002 Interpretation
s.sch002 Prior obligations
s.sch002 Insolvency
s.sch002 Basic needs
s.sch002 Legal services
s.sch002 Maintenance of frozen funds and economic resources
s.sch002 Extraordinary expenses
s.sch002 Judicial decisions etc.
s.sch002 Diplomatic missions etc.
s.sch002 Humanitarian assistance activities
s.sch002 Extraordinary situation

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.