News Release
Terrorist Financing: List Of Suspects

6 December 2001

A further name has been added to the list of entities/individuals who are suspected of committing, or posing a significant risk of committing, or providing material support for, acts of terrorism. Financial institutions are requested to check whether they maintain any account for the entity named below and, if so, they should freeze the accounts and report their findings to the Bank of England.

The additional name is: Holy Land Foundation for Relief and Development.

Names initially advised to financial institutions under the United Nations sanctions regime against terrorism (following UN SCR 1373) have later been included on the United Nations Afghanistan list (maintained in connection with SCR 1267 and SCR 1333). On 26 November, the United Nations published a revised consolidated list for Afghanistan. To avoid any potential confusion, the Bank of England has today issued two Notices. One provides a consolidated list of those who now fall within the UK financial sanctions regime against Afghanistan. The other lists those names that continue to fall only under the sanctions regime against terrorism.

Except for the one additional name, the consolidated lists of names published with the Bank's Notices issued today include only those names which have already been advised.

Any queries about this news release should be addressed to:

The Financial Sanctions Unit
Tel: +44 (0)20 7601 4768/5811/4783
Fax: +44 (0)20 7601 4309
Email: sanctions.unit@bankofengland.co.uk

Notes to Editors

The Bank has previously issued notices concerning Afghanistan and Terrorism on 3 May 2000, 23 February, 2 April, 10 & 12 October and 2 & 8 November 2001.