UK Issues Guidance for Sanctions Regimes

The United Kingdom on May 3 published guidance on several sanctions regimes, including the ISIL (Da’esh) and Al-Qaida sanctions, the Democratic Republic of Congo sanctions, the Counter-Terrorism sanctions and the Zimbabwe sanctions. The guidance documents describe practices for sanctions compliance, including in financial- and trade-related sectors, and detail exceptions for the sanctions regimes. Licenses for trade exceptions may only be issued under the Zimbabwe sanctions and the Congo sanctions, according to the documents. Violating any of the sanctions in the financial sector can lead to a six-month prison sentence and a fine, while sanctions violations in the trade sector can lead to a maximum 10-year prison sentence and a fine.