On 7 November, the UK Office of Financial Sanctions Implementation issued a Financial Sanctions Notice confirming that, as of that date, no individuals or entities had been included in Annex I of the EU Regulation. This remains the case at the date of this post.

By way of background, on 17 October 2017, the UK published the Republic of Mali (European Union Financial Sanctions) Regulations 2017 (SI 2017/972). These follow Council Regulation (EU) 2017/1770 of 28 September 2017, which imposed “travel restrictions and the freezing of funds and economic resources of certain of persons designated by the United Nations Security Council as responsible for or complicit in, or having engaged in, directly or indirectly, actions or policies that threaten the peace, security, or stability of Mali”.

Sanctions on Mali deriving from the Council Regulation restrict designated persons, with the UK regulations implementing the enforcement and penalty provisions thereof.