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Council Regulation (EU) No 2016/44, as implemented by the Libya (Restrictive Measures) (Guernsey) Ordinance, 2016, has been amended by Council Implementing Regulation (EU) No 2016/1334.

The Implementing Regulation is available here:   Regulation 2016/1334

The effect of the amendments, which are automatically effective in Guernsey, is to update the details in relation to two individuals on the list of persons subject to an asset freeze and related financial prohibitions.



All businesses must check whether they maintain any accounts or otherwise have any kind of relationship with any natural or legal person, entity or body designated under the legislation and treat any accounts, funds or economic resources belonging to, owned, held or controlled by a designated person, entity or body as frozen with immediate effect if this is not already the case. Businesses must report any findings to the Policy and Resources Committee immediately. Businesses must also refrain from making any funds or economic resources available directly or indirectly to or for the benefit of any designated person, entity or body other than in respect of transactions that come within a permitted derogation and have been authorised by the Policy and Resources Committee l.

The information referred to above is required by the Policy and Resources Committee in the exercise of its powers under the Schedule to the Ordinance referred to above.

Any information or queries should be sent to with the subject line "Libya".

Further information on the effect of asset freezes and related issues including licences is available on the States of Guernsey website at