Monday, June 21, 2021

Financial sanctions update: Myanmar

3 entries added to the Myanmar regime

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Office of Financial Sanctions Implementation

3 entries added to the Myanmar regime

3 entities have been added to the Myanmar financial sanctions regime.

On 21 June 2021 the Foreign, Commonwealth and Development Office updated the UK Sanctions List on GOV.UK. This list provides details of those designated under regulations made under the Sanctions Act.

The following 3 entries have been added to the consolidated list and are subject to an asset freeze:

  • Myanmar Pearl Enterprise (MPE) (Group ID: 14110)
  • Myanmar Timber Enterprise (MTE) (Group ID: 14109)
  • State Administration Council (Group ID: 14111)

Further, the following entry has been amended in the Russia financial sanctions regime and remains subject to an asset freeze:

  • Sergey Valeryevich Aksyonov (Group ID: 12922)

OFSI's consolidated list of asset freeze targets has been updated to reflect these changes.

To see the notice

click here

The above-mentioned consolidated list can be accessed here.

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