Harriett Baldwin
Main Page: Harriett Baldwin (Conservative - West Worcestershire)Department Debates - View all Harriett Baldwin's debates with the HM Treasury
(9 years, 1 month ago)
Written StatementsUnder the Terrorist Asset-Freezing etc. Act 2010 (“TAFA 2010”), the Treasury is required to report to Parliament, quarterly, on its operation of the UK’s asset freezing regime mandated by UN Security Council Resolution 1373.
This is the 16th report under the Act and it covers the period from 1 January 2015 to 31 March 2015. This report also covers the UK implementation of the UN Al-Qaida asset freezing regime and the operation of the EU asset freezing regime in the UK under EU Regulation (EC) 2580/2001 which implements UNSCR 1373 against external terrorist threats to the EU. Under the UN Al-Qaida asset freezing regime, the UN has responsibility for designations and the Treasury has responsibility for licensing and compliance with the regime in the UK under the Al-Qaida (Asset-Freezing) Regulations 2011. Under EU Regulation 2580/2001, the EU has responsibility for designations and the Treasury has responsibility for licensing and compliance with the regime in the UK under Part 1 of TAFA 2010.
Annexes A and B to this statement provide a breakdown, by name, of all those designated by the UK and the EU in pursuance of UN Security Council Resolution 1373. The two individuals subject to designations, which have been notified on a restricted and confidential basis, under sections 3 and 10 of TAFA 2010 are denoted by A and B.
The following table sets out the key asset-freezing activity in the UK during the quarter ending 31 March 2015:
TAFA 2010 | EU Reg (EC) 2580/2001 | Al-Qaeda regime UNSCR1989 | |
---|---|---|---|
Assets frozen (as at 31/03/2015) | £39,000 | £11,0001 | £58,0002 |
Number of accounts frozen in UK (at 31/03/15) | 41 | 10 | 25 |
New accounts frozen (during Q1 2015) | 16 | 0 | 0 |
Accounts unfrozen (during Q1 2015) | 20 | 0 | 0 |
Total number of designations (at 31/03/15) | 31 | 33 | 308 |
(i) New designations (during Q1 2015, including confidential designations) | 1 | 0 | 10 |
(ii) Number of designations that were confidential (during Q1 2015) | 1 | 0 | 0 |
(iii) Delistings (during Q1 2015) | 2 | 2 | 6 |
(iv) Individuals in custody in UK (at 31/03/2015) | 3 | 0 | 0 |
(v) Individuals in UK, not in custody (at 31/03/2015) | 2 | 0 | 3 |
(vi) Individuals overseas (at 31/03/2015) | 19 | 10 | 234 |
(vii) Groups | 7 | 23 (1 in UK) | 71 |
Individuals by nationality (i) UK Nationals3 (ii) Non UK Nationals | 10 14 | n/a | n/a |
Renewal of designation (during Q1 2015) | 12 | n/a | n/a |
General Licences (i) Issued in Q1 (ii) Amended (iii) Revoked | (i) 0 (ii) 0 (iii) 0 | ||
Specific Licences | |||
(i) Issued in Q1 (ii) Amended (iii) Expired (iii) Refused | 8 2 15 1 | 0 0 0 0 | 0 0 0 0 |
1This does not duplicate funds frozen under TAFA. 2This figure reflects the most up-to-date account balances available and includes approximately $64,000 of funds frozen in the UK. This has been converted using exchange rates as of 31/03/2015. Additionally the figures reflect an updating of balances of accounts for certain individuals during the quarter, depleted through licensed activity. 3Based on information held by the Treasury, some of these individuals hold dual nationality. 4 For full listing details please refer to https://www.gov.uk/government/publications/current-list-of-designated-persons-terrorism-and-terrorist-financing 5For full listing details please refer to www.gov.uk * EU listing rests on UK designation under TAFA 2010 |