regulation

United Nations Sanctions (Somalia) Regulation 2019 (Amendment) Regulation 2023 gazetted

ID 22144

The Hong Kong government has published a press release to announce the gazettal of the United Nations Sanctions (Somalia) Regulation 2019 (Amendment) Regulation 2023 which came into force on same day. The regulation amends the United Nations Sanctions (Somalia) Regulation 2019 „to give effect to certain decisions in Resolution 2662 (2022) adopted by the Security Council of the United Nations (Security Council) on 17 November 2022 in respect of Somalia, as modified by Resolution 2664 (2022) adopted by the Security Council on 9 December 2022.
The amendments relate to the prohibition against –
(a) the provision of the technology required for the production or use of certain improvised explosive devices components; and
(b) entry into or transit through the HKSAR by certain persons“.
The regulation also includes new provisions in the licensing section to permit the making available of funds or the release of frozen funds for humanitarian purposes under the condition that such aid is provided by noted organizations (UN, UN-related organizations, or international organizations).
Finally, it includes numerous changes throughout the 2019 regulation that are minor, non-substantive in nature.

Other Features
asset freezing
banks
payment services
sanctions
Date Published: 2023-03-03
Date Taking Effect: 2023-03-03
Regulatory Framework: HK Sanctions
Regulatory Type: regulation
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