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The Mali (Sanctions) (EU Exit) Regulations 2020

S.I. 2020/705 · Made 7 July 2020 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 13 May 2026.

Exiting The European Union

Sanctions

Made 7th July 2020

Laid before Parliament 9th July 2020

Coming into force in accordance with regulation 1(2)

The Secretary of State M1, in exercise of the powers conferred by sections 1(1)(a) and (c) and (3), 3(1)(a) and (d)(i), 4, 9(2), 10(2)(a) and (c), (3) and (4), 11, 13, 15(2)(a) and (b), (3), (4)(b), (5) and (6), 16, 17(2) to (5) and (8), 21(1), 54(1) and (2), 56 and 62(4) and (5) of the Sanctions and Anti-Money Laundering Act 2018 M2, and having decided, upon consideration of the matters set out in section 2(2) and 56(1) of that Act, that it is appropriate to do so, makes the following Regulations:C1

Annotations to the whole text

Marginal citations

M1

The power to make regulations under Part 1 of the Sanctions and Anti-Money Laundering Act 2018 is conferred on an “appropriate Minister”. Section 1(9)(a) of the Act defines an “appropriate Minister” as including the Secretary of State.

M2

2018 c.13.

Modifications

C1

Regulations extended (British overseas territories) (with modifications) (31.12.2020 immediately after S.I. 2020/1397 has come into force) by The Mali (Sanctions) (Overseas Territories) Order 2020 (S.I. 2020/1591), arts. 1(1), 2, Sch. 1, Sch. 2 (as amended (11.12.2025) by S.I. 2025/1307, art. 1(1), Sch. 24); S.I. 2020/1514, reg. 22

Contents

  1. Part 1: General
  2. 1Citation and commencement
  3. 2Interpretation
  4. 3Application of prohibitions and requirements outside the United Kingdom
  5. 4Purposes
  6. Part 2: Designation of persons
  7. 5Power to designate persons
  8. 5AConditions for the designation of persons by name
  9. 6Designation criteria: meaning of “involved person”
  10. 7Meaning of “owned or controlled directly or indirectly”
  11. 8Notification and publicity where designation power used
  12. 9Confidential information in certain cases where designation power used
  13. 10Designation of persons named by or under UN Security Council Resolutions Repealed
  14. Part 3: Finance
  15. 11Meaning of “designated person” in Part 3
  16. 12Asset-freeze in relation to designated persons
  17. 13Making funds available to designated persons
  18. 14Making funds available for benefit of designated persons
  19. 15Making economic resources available to designated persons
  20. 16Making economic resources available for benefit of designated persons
  21. 17Circumventing etc. prohibitions
  22. Part 3A: Director disqualification sanctions
  23. 17ADirector disqualification sanctions
  24. Part 4: Immigration
  25. 18Immigration
  26. Part 5: Exceptions and licences
  27. 19Finance: exceptions from prohibitions
  28. 19ZAFinance: exception from prohibitions for required payments
  29. 19AFinance: humanitarian exception
  30. 20Finance: exception for authorised conduct in a relevant country
  31. 21Exception for acts done for purposes of national security or prevention of serious crime
  32. 22Treasury licences
  33. 22ADirector disqualification licences
  34. 22BLicences: general provisions
  35. 23Finance: licensing offences
  36. 23ADirector disqualification: licensing offences
  37. 24Section 8B(1) to (3) of the Immigration Act 1971: directions
  38. Part 6: Information and records
  39. 25Finance: reporting obligations
  40. 25AFinance: reporting obligations for required payments
  41. 26“Relevant firm”
  42. 27Finance: powers to request information
  43. 28Finance: production of documents
  44. 29Finance: information offences
  45. 30Disclosure of information
  46. 30AFinance: disclosure to the Treasury
  47. 31Part 6: supplementary
  48. Part 7: Enforcement
  49. 32Penalties for offences
  50. 33Liability of officers of bodies corporate etc.
  51. 34Jurisdiction to try offences
  52. 35Procedure for offences by unincorporated bodies
  53. 36Time limit for proceedings for summary offences
  54. 37Application of Chapter 1 of Part 2 of the Serious Organised Crime and Police Act 2005
  55. Part 8: Supplementary and final provision
  56. 38Notices
  57. 39Revocations and amendments
  58. 40Transitional provision: Treasury licences
  59. 41Transitional provision: prior obligations
  60. Signature
  61. Schedule 1: Rules for interpretation of regulation 7(2)
  62. 1Application of Schedule
  63. 2Joint interests
  64. 3Joint arrangements
  65. 4Calculating shareholdings
  66. 5Voting rights
  67. 6Paragraph 6
  68. 7Rights to appoint or remove members of the board
  69. 8Paragraph 8
  70. 9Shares or rights held “indirectly”
  71. 10Shares held by nominees
  72. 11Rights treated as held by person who controls their exercise
  73. 12Paragraph 12
  74. 13Rights exercisable only in certain circumstances etc.
  75. 14Rights attached to shares held by way of security
  76. Schedule 2: Treasury licences: purposes
  77. Part 1
  78. 1Interpretation
  79. Part 2: Purposes
  80. 2Basic needs
  81. 3Legal services
  82. 4Maintenance of frozen funds and economic resources
  83. 5Extraordinary expenses
  84. 6Judicial decisions etc.
  85. 7Peace and national reconciliation in Mali etc.
  86. Part 3: Purposes relating only to UN designated persons Repealed
  87. 8Prior obligations Repealed
  88. Part 4: Purposes relating only to ... designated persons
  89. 9Prior obligations
  90. 10Humanitarian assistance activities etc.
  91. 11Diplomatic missions etc.
  92. 12Extraordinary situation
  93. 13Insolvency
  94. Explanatory note