UK Statutory Instrument SI 2020/707 United Kingdom

The Iraq (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.040 Finance: reporting obligations Regulated
  • Report suspected designated persons or sanctions breaches to the TreasuryFinancial Services Firm
74 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 Purpose
s.005 Designation of persons named by or under UN Security Council Resolutions
s.006 Meaning of “designated person” in Part 3
s.007 Meaning of “owned or controlled directly or indirectly”
s.008 Partial asset-freeze in relation to the former Government of Iraq and its state bodies, corporations or agencies
s.009 Asset-freeze in relation to persons connected with the former Iraqi regime
s.010 Making funds available to persons connected with the former Iraqi regime
s.011 Making funds available for benefit of persons connected with the former Iraqi regime
s.012 Making economic resources available to persons connected with the former Iraqi regime
s.013 Making economic resources available for benefit of persons connected with the former Iraqi regime
s.014 Circumventing etc. prohibitions
s.015 Definitions relating to goods and technology prohibited under this Part
s.016 Interpretation of other expressions used in this Part
s.017 Export of military goods
s.018 Supply and delivery of military goods
s.019 Making military goods and military technology available
s.020 Transfer of military technology
s.021 Brokering services: non-UK activity relating to military goods and military technology
s.022 Export and import of illegally removed Iraqi cultural property
s.023 Supply and delivery of illegally removed Iraqi cultural property
s.024 Making available and acquisition of illegally removed Iraqi cultural property
s.025 Financial services and funds relating to illegally removed Iraqi cultural property
s.026 Brokering services: non-UK activity relating to illegally removed Iraqi cultural property
s.027 Holding or controlling illegally removed Iraqi cultural property
s.028 Circumventing etc. prohibitions
s.029 Defences
s.030 Finance: exceptions from prohibitions
s.030 Finance: humanitarian exception
s.031 Finance: exceptions for return of frozen funds to Iraq
s.032 Trade: exception for the return of Iraqi cultural property
s.033 Exception for authorised conduct in a relevant country
s.034 Exception for acts done for purposes of national security or prevention of serious crime
s.035 Treasury licences
s.036 Trade licences
s.037 Licences: general provisions
s.038 Finance: licensing offences
s.039 Trade: licensing offences
s.041 “Relevant firm”
s.042 Finance: powers to request information
s.043 Finance: production of documents
s.044 Finance: information offences
s.045 Trade: application of information powers in CEMA
s.046 General trade licences: records
s.047 General trade licences: inspection of records
s.048 Disclosure of information
s.048 Finance: disclosure to the Treasury
s.049 Part 6: supplementary
s.050 Penalties for offences
s.051 Liability of officers of bodies corporate etc.
s.052 Jurisdiction to try offences
s.053 Procedure for offences by unincorporated bodies
s.054 Time limit for proceedings for summary offences
s.055 Trade enforcement: application of CEMA
s.056 Trade offences in CEMA: modification of penalty
s.057 Application of Chapter 1 of Part 2 of Serious Organised Crime and Police Act 2005
s.058 Monetary penalties
s.059 Exercise of maritime enforcement powers
s.060 Maritime enforcement officers
s.061 Power to stop, board, search etc.
s.062 Seizure power
s.063 Restrictions on exercise of maritime enforcement powers
s.064 Interpretation of Part 8
s.065 Notices
s.066 Article 20 of the Export Control Order 2008
s.067 Trade: overlapping offences
s.068 Revocations
s.069 Amendment to the United Nations and European Union Financial Sanctions (Linking) Regulations 2017
s.070 Transitional provision: Treasury licences
s.071 Transitional provision: trade licences
s.072 Transitional provision: pending applications for trade licences
s.073 Transitional provision: prior obligations
Schedules

Schedules

0 of 20 shown
20 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) In this Schedule— “designated person” means a person designated...
s.sch002 To enable, by the use of a designated person's frozen...
s.sch002 Basic needs
s.sch002 Legal services
s.sch002 Maintenance of frozen funds and economic resources
s.sch002 Extraordinary expenses

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