UK Statutory Instrument SI 2020/642 United Kingdom

The Somalia (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

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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.053 Finance: reporting obligations Regulated
  • Report suspected designated persons or sanctions breaches to the TreasuryFinancial Services Firm
93 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 Designation of persons named by or under UN Security Council Resolutions
s.011 Meaning of “designated person” in Part 3
s.012 Asset-freeze in relation to designated persons
s.013 Making funds available to designated persons
s.014 Making funds available for benefit of designated persons
s.015 Making economic resources available to designated persons
s.016 Making economic resources available for benefit of designated persons
s.017 Circumventing etc. prohibitions
s.017 Director disqualification sanctions
s.018 Immigration
s.019 Definitions relating to goods and technology prohibited under Part 5
s.020 Interpretation of other expressions used in this Part
s.021 Export of goods
s.022 Supply and delivery of goods
s.023 Making goods and technology available
s.024 Transfer of technology
s.025 Technical assistance relating to military goods and military technology
s.026 Financial services and funds relating to military goods and military technology
s.027 Brokering services: non-UK activity relating to military goods and military technology
s.028 Export of military goods
s.029 Supply and delivery of military goods
s.030 Making military goods and military technology available
s.031 Transfer of military technology
s.032 Technical assistance relating to military goods and military technology
s.033 Financial services and funds relating to military goods and military technology
s.034 Brokering services: non-UK activity relating to military goods and military technology
s.035 Enabling or facilitating the conduct of armed hostilities: designated persons
s.036 Enabling or facilitating the conduct of armed hostilities
s.037 Import of charcoal
s.038 Purchase etc. of charcoal
s.039 Transport of charcoal
s.040 Prohibitions relating to the associated provision of financial services and funds
s.041 Circumventing etc. prohibitions
s.041 Trade: end-use control
s.042 Defences
s.043 Finance: exceptions from prohibitions
s.043 Finance: exception from prohibitions for required payments
s.044 Finance: humanitarian exception
s.045 Exception for authorised conduct in a relevant country
s.046 Exception for acts done for purposes of national security or prevention of serious crime
s.047 Treasury licences
s.047 Director disqualification licences
s.048 Trade licences
s.049 Licences: general provisions
s.050 Finance: licensing offences
s.050 Director disqualification: licensing offences
s.051 Trade: licensing offences
s.052 Section 8B(1) to (3) of the Immigration Act 1971
s.053 Finance: reporting obligations for required payments
s.054 “Relevant firm”
s.055 Finance: powers to request information
s.056 Finance: production of documents
s.057 Finance: information offences
s.058 Trade: application of information powers in CEMA
s.059 General trade licences: records
s.060 General trade licences: inspection of records
s.061 Disclosure of information
s.061 Finance: disclosure to the Treasury
s.062 Part 7: supplementary
s.063 Penalties for offences
s.064 Liability of officers of bodies corporate etc.
s.065 Jurisdiction to try offences
s.066 Procedure for offences by unincorporated bodies
s.067 Time limit for proceedings for summary offences
s.068 Trade enforcement: application of CEMA
s.069 Trade offences in CEMA: modification of penalty
s.070 Application of Chapter 1 of Part 2 of the Serious Organised Crime and Police Act 2005
s.071 Monetary penalties
s.072 Exercise of maritime enforcement powers
s.073 Maritime enforcement officers
s.074 Power to stop, board, search etc.
s.075 Seizure power
s.076 Restrictions on exercise of maritime enforcement powers
s.077 Interpretation of Part 9
s.078 Notices
s.079 Article 20 of the Export Control Order 2008
s.080 Trade: overlapping offences
s.081 Revocations
s.082 Amendment of the United Nations and European Union Financial Sanctions (Linking) Regulations 2017
s.083 Transitional provision: Treasury licences
s.084 Transitional provision: trade licences
s.085 Transitional provision: pending applications for trade licences
s.086 Transitional provision: prior obligations
Schedules

Schedules

0 of 29 shown
29 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 (1) For the purposes of this Schedule—
s.sch002 For the purposes of regulation 19(1), “charcoal” means any thing...
s.sch002 (1) For the purposes of regulation 19(1), “IED component” means...
s.sch003 (1) In this Schedule— “designated person” has the same meaning...
s.sch003 Insolvency
s.sch003 Judicial decisions etc.
s.sch003 Basic needs
s.sch003 Legal services
s.sch003 Maintenance of frozen funds and economic resources
s.sch003 Extraordinary expenses
s.sch003 Pre-existing judicial decisions etc.
s.sch003 Pre-existing judicial decisions etc.
s.sch003 Diplomatic missions etc.
s.sch003 Prior obligations
s.sch003 Extraordinary situation

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