Amendments re arms embargo measures, financial sanctions in respect of Somalia
The Hong Kong Marine Depatment has issued Shipping Information Note regarding the decisions of the United NationsSecurity Council under Resolution 2111(2013) dated 24 July 2013 which amend theexceptions to the arms embargo measures, the prohibition against the provision of advice,assistance and training, as well as financial sanctions in respect of Somalia
The ‘Amendment Regulation’ mainly amends the exceptions to the arms embargomeasures, the prohibition against the provision of advice, assistance and training, as well asfinancial sanctions in respect of Somalia.
The main provisions of the ‘Amendment Regulation’include amending the following licensing requirements for:
(a) the supply, sale, transfer or carriage of certain goods;
(b) providing certain advice, assistance or training;
(c) making available funds or other financial assets or economic resources tocertain persons or entities; and
(d) dealing with funds or other financial assets or economic resources ofcertain persons or entities.
Source: Hong Kong Marine Department