News Release
Financial Sanctions: Belarus
22 May 2006
With the publication of Council Regulation (EC) No 765/2006 in the Official Journal of the European Union (O.J. L134, p.1) on 20 May 2006, financial sanctions have come into force against President Lukashenko and certain other officials of Belarus who are responsible for the violations of international electoral standards in the Presidential elections in Belarus on 19 March 2006 and the crackdown on civil society and democratic opposition.
The Bank of England, on behalf of Her Majesty’s Treasury, therefore announces that with effect from 20 May 2006 all funds or economic resources belonging to the persons listed in Annex I to Council Regulation (EC) No 765/2006 must be frozen. No funds or economic resources are to be made available, directly or indirectly, to or for the benefit of the listed persons. Financial institutions and other bodies and persons in the UK must check whether they maintain any accounts or otherwise hold any funds for the individuals named and, if so, they should freeze the accounts and report the accounts or other funds and amounts frozen to the Bank of England.
Copies of Council Regulation (EC) No 765/2006 and the related
Bank Notice regarding the financial sanctions regime against
President Lukashenko and certain other officials of Belarus
who are responsible for the violations of international electoral
standards in the Presidential elections in Belarus on 19 March
2006 and the crackdown on civil society and democratic opposition
are available from the Financial
Sanctions pages.
Key Resources
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Bank of England Notice |
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Council
Regulation (EC) No 765/2006 of 18 May 2006 Concerning restrictive measures against President Lukashenko and certain officials of Belarus |
