News Release
Financial Sanctions: Terrorist Financing
30 March 2007
This news release is issued in respect of the financial measures taken against terrorism.
The Bank of England, as agent for Her Majesty’s Treasury, has today issued a Notice to publicise generally a direction given by Her Majesty’s Treasury that the individual named below is a “designated person” for the purposes of the Terrorism (United Nations Measures) Order 2006. This means that:
- any funds (meaning financial assets and benefits of every kind) or economic resources belonging to, owned or held by the individual must be frozen; and
- no funds, economic resources or financial services are to be made available, directly or indirectly, to the individual;
except under the authority of a licence.
The individual listed below was originally designated in a direction given by Her Majesty’s Treasury on 11 August 2006 under the Terrorism (United Nations Measures) Order 2001 (SI 2001/3365). This subsequent direction designates the individual under the Terrorism (United Nations Measures) Order 2006 (SI 2006/2657) and therefore, in particular, the prohibitions and extended definitions of “funds”, “economic resources” and “financial services” set out in that Order will now apply.
Individual
ALI, Cossor
DOB: 4 December 1982
Address: London, United Kingdom, E17
Financial institutions and other persons are requested to check whether they maintain any accounts or otherwise hold any funds or economic resources for, or provide financial services to, the individual named above and, if so, they should maintain any freeze originally imposed by virtue of the direction of 11 August 2006 and, as the case may be, freeze the accounts or other funds or economic resources, suspend the provision of any financial services (unless licensed by Her Majesty’s Treasury) and report their findings to the Bank of England.
Previous Notices and news releases related to Terrorism, Al-Qa’ida and the Taliban and a consolidated list of individuals and entities subject to these and other UK financial sanctions regimes are available from the Financial Sanctions pages.
Key Resources
 |
Bank of England Notice |
