The sanctions were announced after the EU extended its sanctions on Libya, Egypt and Belarus, in an effort to encourage the development of democracy in the countries.
In a statement on the States of Jersey’s website, The Jersey Financial Services Commission’s director of international and policy, Andrew Le Brun, said: "We’re asking institutions to check if they hold any funds or economic resources for designated persons, to freeze any such funds or economic resources, and to report any findings to the Chief Minister’s Department.”
Details on those covered by the EU’s sanctions on Egypt may be found here; on Libya here; and on Belarus here.
The EU has also frozen the assets of Hosni Mubarak, the Egyptian leader who was ousted in February, and 18 other former officials in his government.
In announcing the asset freeze of the 19 individuals, the Council of the European Union cited the EU’s declared readiness "to support the peaceful and orderly transition to a civilian and democratic government in Egypt based on the rule of law, with full respect for human rights and fundamental freedoms, and to support efforts to create an economy which enhances social cohesion and promotes growth".
