Commons Sense

House of Commons · Written Ministerial Statement

HM Treasury Sanctions

03 December 2024 · Treasury

Proposed by Tulip Siddiq Lab Hampstead and Highgate

Foreign AffairsNorthern Ireland

Summarised by AI from the official record, so it can contain mistakes.

View on Parliament.uk

At a glance

Key points

  • HM Treasury designated an individual under the Counter Terrorism (Sanctions) (EU Exit) Regulations 2019.
  • The government imposed an asset freeze on Brian Sheridan for his alleged involvement in financing the New IRA.
  • Brian Sheridan is also suspected of facilitating terrorist activities related to Northern Ireland.

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.
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