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The Eritrea (Sanctions)(Overseas Territories) Order 2012 - Advisory Warning No. 10 of 2013 (13 March 2013)
Advisory Warning No. 10 of 2013
13 March, 2013
ADVISORY WARNING
The Eritrea (Sanctions) (Overseas Territories) Order 2012
[U.K.S.I. 2012 No. 2751]
Tortola, British Virgin Islands – 13 March, 2013 – The British Virgin Islands Financial Services Commission (the “FSC”) is advising the public that on 7 February, 2013, The Eritrea (Sanctions) (Overseas Territories) Order 2012 (the “Order”) was ratified and extended to the Territory.
NOTICE IS HEREBY GIVEN that this Order has been extended to the Territory by virtue of Schedule 1 to the Order.
AND NOTICE IS FURTHER GIVEN that this Order gives effect in specified Overseas Territories to sanctions in respect of Eritrea adopted by the United Nations Security Council in Resolution 1907 (2009), as well as exemptions to the sanctions adopted in United Nations Security Council Resolution 2060 (2012). The Order also gives effect to implementation of the sanctions by the European Union in Council Decision 2010/127 CFSP, as amended.
The main provisions of the sanctions in respect of Eritrea as reflected in this Order are: a prohibition in respect of the direct or indirect sale, supply or transfer to Eritrea of arms and related material; a prohibition on the supply to Eritrea of technical assistance, training, financial and other specified forms of assistance; a prohibition on obtaining arms and related material as well as technical assistance, training, financial and other specified forms of assistance from Eritrea; a freezing of funds and economic resources owned or controlled by persons or entities designated by the United Nations Security Council Committee established pursuant to United Nations Security Council Resolutions 751 (1992) and 1907 (2009) concerning Somalia and Eritrea; a prohibition on making funds and economic resources available to such designated persons or entities; and a prohibition in respect of the sale, supply or transfer of arms and related material and the supply of technical assistance or training, financial or other assistance to such designated persons or entities.
The United Nations Security Council Resolution 1907 (2009) may be viewed in its entirety at the following URL:
http://www.un.org/en/sc/documents/resolutions/2009.shtml
The United Nations Security Council Resolution 2060 (2012) may be viewed in its entirety at the following URL:
http://www.un.org/en/sc/documents/resolutions/2012.shtml
The European Union in Council Decision 2010/127 CFSP of 1st March, 2010 may be viewed in its entirety at the following URL:
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2010:051:0019...
The Eritrea (Sanctions) (Overseas Territories) Order 2012 [U.K.S.I. 2012 No. 2751] may be viewed in its entirety at the following URL:
