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Operation of the UK’s Counter-Terrorist Asset Freezing Regime: 1 July 2019 to 30 September 2019

04 February 2020

Proposing MP
John Glen Con
Salisbury
Type
Written Ministerial Statement
Department
Treasury
View on Parliament.uk -->

At a Glance

Issue Summary

This statement is about the quarterly report on the operation of the UK’s Counter-Terrorist Asset Freezing Regime from July to September 2019.

Action Requested

The Treasury has provided a report detailing its actions under TAFA 2010 and the implementation of UN and EU asset freezing regimes during the specified period, including responsibilities for designations, licensing, and compliance.

Key Facts

  • The report covers the period from 1 July 2019 to 30 September 2019.
  • OFSI is responsible for licensing and compliance with both the UN's ISIL-AQ asset freezing regime and the EU’s CP 931 regime in the UK.
  • EU Regulation (EC) 2580/2001 concerns external terrorist threats to the EU, and Regulation (2016/1686) permits autonomous Al-Qaida and ISIL listings.
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