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HM Treasury Sanctions

03 December 2024

Proposing MP
Hampstead and Highgate
Type
Written Ministerial Statement
Department
Treasury

At a Glance

Issue Summary

HM Treasury designated an individual under the Counter Terrorism (Sanctions) (EU Exit) Regulations 2019 for involvement in Northern Ireland-related terrorism.

Action Requested

The government imposed an asset freeze on Brian Sheridan, suspected of financing the New IRA and facilitating terrorist activities.

Key Facts

  • The designation is the first use of HM Treasury’s sanctions power targeting an individual involved in Northern Ireland-related terrorism.
  • Brian Sheridan is suspected of providing financial services or funds for the New IRA.
  • Brisher Limited is controlled by Sheridan.
Assessment & feedback
Summary accuracy