# The Republic of Maldives (Asset-Freezing) (Revocation) Regulations 2020, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations revoke the Republic of Maldives (Asset-Freezing) Regulations 2018 (S.I. 2018/861) as the EU Regulation on which they are based has been repealed.
The Republic of Maldives (Asset-Freezing) Regulations 2018 implemented in the United Kingdom Council Regulation (EU) 2018/1001 (OJ L 180, 17.7.2018, p.1), which concerned restrictive measures in view of the situation in the Republic of Maldives.
Council Regulation (EU) 2019/985 (OJ L 160, 18.6.2019, p.1) repealed Council Regulation (EU) 2018/1001, meaning that the UK implementing Regulations may now be revoked.
A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sectors is foreseen.
A list of persons subject to financial sanctions is available on the internet at: www.gov.uk/government/publications/financial-sanctions-consolidated-list-of-targets or can be obtained from the Office of Financial Sanctions Implementation at H.M. Treasury, 1 Horse Guards Road, London SW1A 2HQ.
Further information about financial sanctions is available from the Office of Financial Sanctions Implementation, H. M. Treasury, 1 Horse Guards Road, London SW1A 2HQ and on the Office of Financial Sanctions Implementation website (https://www.gov.uk/government/organisations/office-of-financial-sanctions-implementation).

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Source: https://www.legislation.gov.uk/uksi/2020/221/note (the official version)
Page: https://openlegislation.uk/republic-of-maldives-asset-freezing-revocation-regulations-2020/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.