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

On May 25, 2023, the Hong Kong government published a press release to announce the gazettal of the United Nations Sanctions (Yemen) Regulation 2019 (Amendment) Regulation 2023 which came into force on same day. The regulation amends the United Nations Sanctions (Yemen) Regulation 2019 „to give effect to certain decisions relating to sanctions in the United Nations Security Council Resolutions 2664 and 2675 in respect of Yemen“. Specifically, the regulation
– includes new provisions in the licensing section (licence for making available or dealing with economic assets, section 8) 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) (Resolution 2664) and
– extends the application date of the sanction measures up to November 15, 2023 (Resolution 2675).