Treasury Sanctions Designation: Northern Ireland-related Terrorism
(Limited Text - Ministerial Extracts only)
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The Economic Secretary to the Treasury (Tulip Siddiq)
On 3 December 2024, HM Treasury announced a sanctions designation under the Counter Terrorism (Sanctions) (EU Exit) Regulations 2019. This regime is used to target those involved in terrorist financing on UK soil. This action is the first use of HM Treasury’s sanctions power targeting an individual suspected of involvement in Northern Ireland-related terrorism.
The designation imposes an asset freeze on an individual suspected of being involved in terrorist activity by facilitating terrorism and associating with members of the New Irish Republican Army (‘New IRA’). He is further suspected of providing or assisting others in providing financial services or making available funds or economic resources for the New IRA.
This action demonstrates this Government’s commitment to protecting the peaceful consensus of the people of Northern Ireland and to upholding the principles of the Good Friday Agreement in support of the UK’s wider efforts to protect national security for all citizens and prevent terrorism.
The specific designation is:
Brian Sheridan—suspected New IRA financier who has control over Brisher Limited.
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