On 4 February 2011 the EU implemented Council Regulation (EU) No 101/2011 and instigated an asset freeze against former President Ben Ali, his wife, family members and other persons who are under investigation into the alleged corruption of the former regime pending judicial enquiry in Tunisia.
The priorities of the new Tunisian transition government are to re-establish order, to set the base for the democratisation of society and of the political system, and to address the economic and social problems which were at the root of the popular uprising. It was decided that emerging democratisation should be supported and one of the ways in which it can be done is to support the anti-corruption activities of the transitional Government.
Guernsey implemented the provisions of these sanctions measures with the Tunisia (Freezing of Funds)(Guernsey) Ordinance, 2011.
All financial institutions and other bodies and persons in Guernsey will need to ensure they do not maintain any accounts or otherwise hold any funds or economic resources for the entities and individuals named in the HM Treasury consolidated lists.
The Policy Council is the competent authority and licensing authority in relation to these sanctions. Any queries should be sent to firstname.lastname@example.org subject line 'Tunisia'.
Relevant links & informationCouncil Regulation (EU) No 101/2011 Provided for restrictive measures on certain persons, entities and bodies responsible for the misappropriation of Tunisian State funds.
External Relations Team (Sanctions)External Relations Team, Sir Charles Frossard House, La Charroterie, St Peter Port, Guernsey, GY1 1FH, Channel Islands
Tel: +44 1481 717020 Fax: +44 1481 717000