Branch² Intelligence
ISIL (Da’esh) and Al-Qaida: list of designations and sanctions notices
Key takeaway
UK FCDO updates ISIL/Al-Qaida sanctions list, adding new designations and revocations.
- Step 1FCDO updates ISIL/Al-Qaida sanctions list with new designations and revocations.
- Step 2UK financial institutions and trade intermediaries must update screening systems and re-verify counterparties, raising operational costs.
- Step 3SMEs with exposure to affected regions or sectors face delayed transactions, frozen assets, or reputational risk if linked to designated entities.
Source: gov.uk
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