International Sanctions 2021
The NAMLC provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
Every effort is made to ensure that this information is current but in order to ensure compliance with the most up-to-date sanctions measures, you are encouraged to refer directly to the relevant legislation and laws and to seek legal advice where necessary.
The primary Bermuda law that gives effect to international sanctions is the International Sanctions Regulations 2013.pdf which lists the UK legislation that are given force of law in Bermuda. These regulations are amended from time to time as new measures are extended to the British Overseas Territories and as existing ones are repealed.
2021
- Financial Sanctions Update: ISIL (Da'esh) and Al-Qaida Organisations Regime
22 December 2021 - Financial Sanctions Update: Central African Republic Regime
22 December 2021 - Financial Sanctions Update: Myanmar Regime
10 December 2021 - Financial Sanctions Update: Global Human Rights Regime
10 December 2021 - Financial Sanctions Update: Iraq Regime
9 December 2021 - Financial Sanctions Update: Yemen Regime
9 December 2021 - Financial Sanctions Update: Belarus Regime
2 December 2021 - Financial Sanctions Update: Syria Regime
2 December 2021 - Financial Sanctions Update: Russia Regime
2 December 2021 - Financial Sanctions Update: ISIL (Da'esh) and Al-Qaida Organisations Regime
25 November 2021 - Financial Sanctions Update: Nicaragua Regime
15 November 2021 - Financial Sanctions Update: Yemen Regime
10 November 2021 - Financial Sanctions Update: Libya Regime
26 October 2021 - Financial Sanctions Update: Syria Regime
30 September 2021 - Financial Sanctions Update: Iraq Regime
22 September 2021 - Financial Sanctions Update: Iraq Regime
9 September 2021 - Financial Sanctions Update: ISIL (Da'esh) and Al-Qaida Organisations Regime
7 September 2021 - Financial Sanctions Update: Myanmar Regime
2 September 2021 - Financial Sanctions Update: Chemical Weapons Regime
20 August 2021 - Financial Sanctions Update: Syria Regime
12 August 2021 - Financial Sanctions Update: Belarus Regime
12 August 2021 - Financial Sanctions Update: Global Anti-Corruption Regime
12 August 2021 - Financial Sanctions Update: Belarus Regime
8 August 2021 - The Somalia (Sanctions) (EU Exit) (Amendment) Order 2021
2 August 2021The above Order was made on 8 July 2021 and comes into force on 2 August 2021. The amendment order can be found here.
This instrument amends the lists of IED component goods and technology which are subject to trade prohibitions in the UK Somalia (Sanctions) (EU Exit) Regulations 2020 (“Somalia Regulations”). Under the International Sanctions Regulations 2013 the Somalia Regulations are extended to Bermuda as those regulations are amended “from time to time”. Accordingly, no further action is required to implement these changes.
- Financial Sanctions Update: Global Anti-Corruption Regime
22 July 2021 - Financial Sanctions Update: Belarus Regime
21 July 2021 - Financial Sanctions Update: Global Human Rights Regime
16 July 2021 - Financial Sanctions Update: Belarus Regime
12 July 2021 - Financial Sanctions Update: Syria Regime
12 July 2021 - Financial Sanctions Update: Belarus Regime
8 July 2021 - Financial Sanctions Update: Syria Regime
8 July 2021 - Financial Sanctions Update: Iraq Regime
1 July 2021 - Financial Sanctions Update: Russia Regime
1 July 2021 - Financial Sanctions Update: Belarus Regime
25 June 2021 - Financial Sanctions Update: Russia Regime
21 June 2021 - Financial Sanctions Update: Belarus Regime
21 June 2021 - Financial Sanctions Update: Myanmar Regime
21 June 2021 - Financial Sanctions Update: ISIL (Da'esh) and Al-Qaida Organisations Regime
18 June 2021 - Financial Sanctions Update: Myanmar Regime
17 May 2021 - Financial Sanctions Update: Libya Regime
13 May 2021 - Financial Sanctions Update: Libya Regime
30 April 2021 - The Myanmar (Sanctions) (Overseas Territories) Order 2021
29 April 2021The above Order has now been made and published and comes into force on 29 April 2021. The link to the newly launched regime page can be found here.
The Order is intended to ensure that there are broader powers to designate entities as well as individuals, whose actions undermine peace and stability in the region. The Myanmar Order revokes and substitutes the Burma (Sanctions) (Overseas Territories) Order 2020. This regime comes into force amending 23 individuals on the consolidated list who will remain subject to an asset freeze.
- The Global Anti-Corruption Sanctions (Overseas Territories) Order 2021
29 April 2021The above Order has now been made and published and comes into force on 29 April 2021. The link to the newly launched regime page can be found here.
The Order is a new thematic regime under the UK’s autonomous sanctions framework. This regime allows the UK to impose sanctions in order to prevent and combat serious corruption anywhere in the world, in cases where a foreign public official has been involved. This regime also complements the UK’s existing Anti-Corruption Strategy, demonstrating its commitment to upholding democracy and the rule of law through concrete action against those who carry out corrupt acts. The Global Anti-Corruption Order revokes and substitutes the Misappropriation (Sanctions) (Overseas Territories) Order 2020 and has broader mischief. This regime comes into force with 22 automatic additions of designated persons.
- Financial Sanctions Update: Iraq Regime
16 April 2021 - Financial Sanctions Update: ISIL (Da'esh) and Al-Qaida Organisations Regime
7 April 2021 - Financial Sanctions Update: Central African Republic Regime
6 April 2021 - Financial Sanctions Update: Yemen Regime
6 April 2021 - Financial Sanctions Update: Global Human Rights Regime
1 April 2021 - Financial Sanctions Update: Global Human Rights Regime
25 March 2021 - Financial Sanctions Update: Iran (Nuclear) Regime
25 March 2021 - Financial Sanctions Update: Syria Regime
25 March 2021 - Financial Sanctions Update: Venezuela Regime
25 March 2021 - Financial Sanctions Update: ISIL (Da'esh) and Al-Qaida Organisations Regime
24 March 2021 - Financial Sanctions Update: Global Human Rights Regime
22 March 2021 - Financial Sanctions Update: Syria Regime
15 March 2021 - Financial Sanctions Update: Iran (Nuclear) Regime
15 March 2021 - The Russia (Sanctions) (Overseas Territories) (Amendment) Order 2021
11 March 2021The above Order has now been made and published and comes into force on 11 March 2021 and can be found here.
The Order amends articles 80 of the Russia (Sanctions) (Overseas Territories) Order 2021 to include a penalties relation to the offence of failing to comply with a Crimean ports direction under Part 6 (Ships), which was not included in the original order.
- Financial Sanctions Update: Sudan Regime
8 March 2021 - Financial Sanctions Update: Somalia Regime
2 March 2021 - Financial Sanctions Update: Yemen Regime
26 February 2021 - Financial Sanctions Update: Central African Republic Regime
25 February 2021 - Financial Sanctions Update: Burma Regime
25 February 2021 - Financial Sanctions Update: ISIL (Da'esh) and Al-Qaida Organisations Regime
22 February 2021 - Financial Sanctions Update: International Counter-Terrorism Regime
18 February 2021 - Financial Sanctions Update: Democratic Republic of the Congo Regime
18 February 2021 - Financial Sanctions Update: Global Human Rights Regime
18 February 2021 - Financial Sanctions Update: Guinea-Bissau Regime
18 February 2021 - Financial Sanctions Update: Iran (Nuclear) Regime
18 February 2021 - Financial Sanctions Update: Iraq Regime
18 February 2021 - Financial Sanctions Update:ISIL (Da'esh) and Al-Qaida Organisations Regime
18 February 2021 - Financial Sanctions Update: Libya Regime
18 February 2021 - Financial Sanctions Update: Syria Regime
18 February 2021 - Financial Sanctions Update: Burma Regime
18 February 2021 - Financial Sanctions Update: Belarus Regime
18 February 2021 - Financial Sanctions Update: Zimbabwe Regime
1 February 2021 - Financial Sanctions Update: Afghanistan Regime
1 February 2021 - Financial Sanctions Update: Central African Republic Regime
1 February 2021 - Financial Sanctions Update: Chemical Weapons Regime
1 February 2021 - Financial Sanctions Update: Iran (Nuclear) Regime
1 February 2021 - Financial Sanctions Update: Libya Regime
1 February 2021 - Financial Sanctions Update: Russia Regime
1 February 2021 - Financial Sanctions Update: Syria Regime
1 February 2021 - Financial Sanctions Update: Yemen Regime
1 February 2021 - Financial Sanctions Update: Democratic People’s Republic of Korea
21 January 2021 - Financial Sanctions Update: Central African Republic Regime
21 January 2021 - Financial Sanctions Update: Counter-Terrorism Regime
21 January 2021 - Financial Sanctions Update: International Counter-Terrorism Regime
21 January 2021 - Financial Sanctions Update: Democratic Republic of the Congo Regime
21 January 2021 - Financial Sanctions Update: Libya Regime
21 January 2021 - Financial Sanctions Update: South Sudan Regime
21 January 2021 - Financial Sanctions Update: International Counter-Terrorism Regime
20 January 2021 - Financial Sanctions Update: Democratic Republic of the Congo Regime
20 January 2021 - Financial Sanctions Update: Iraq Regime
19 January 2021 - Financial Sanctions Update: Belarus Regime
19 January 2021 - Financial Sanctions Update: Burma Regime
19 January 2021 - Financial Sanctions Update: Chemical Weapons Regime
19 January 2021 - Financial Sanctions Update: Democratic People's Republic of Korea Regime
19 January 2021 - Financial Sanctions Update: Democratic Republic of the Congo Regime
19 January 2021 - Financial Sanctions Update: Libya Regime
19 January 2021 - Financial sanctions update: Russia Regime
19 January 2021 - Financial Sanctions Update: Syria Regime
19 January 2021 - Financial sanctions update: Russia Regime
8 January 2021 - Financial sanctions update: Syria Regime
8 January 2021 - Financial sanctions update: Chemical Weapons Regime
8 January 2021