Myanmar

Purpose of the Sanctions Regime

This sanctions regime puts in place measures to:

• promote the peace, stability and security of Myanmar
• promote respect for democracy, the rule of law and good governance in Myanmar, including in particular promoting the successful completion of Myanmar’s transition to a democratic country
• discourage actions, policies or activities which repress the civilian population in Myanmar, and
• promote compliance with international human rights law and respect for human rights in Myanmar

Overview of current sanctions measures

Current sanction measures implemented by Jersey in relation to Myanmar include:

• asset freezes and restrictions on making funds and economic resources available to and for the benefit of designated persons
• travel ban
• prohibitions against the export, supply and delivery, making available of, or transfer of restricted goods and technology
• prohibitions against providing technical assistance, financial services and funds, or brokering services relating to restricted goods and technology
• prohibitions against providing interception and monitoring services
• prohibitions against providing military-related services
• director disqualification sanctions

Latest news

9 April 2025

The UK Sanctions List has been updated, with amendments related to director disqualification sanctions to vary the designations of 2996 individuals and 818 entities.

*All published Latest News notices relating to financial sanctions, including those extending beyond the last 30 days, may be obtained from the Jersey Gazette

Jersey regime

The Sanctions and Asset-Freezing (Implementation of External Sanctions) (Jersey) Order 2021 (the Jersey Order) made under the Sanctions and Asset-Freezing (Jersey) Law 2019 (SAFL) implements the Myanmar (Sanctions) Regulations 2021 (the UK Regulations).

Article 3 of the Jersey Order imposes the asset-freeze provisions in Part 3 of the Sanctions and Asset-Freezing (Jersey) Law 2019 (the SAFL) on any person listed by or under the UK Regulations. The Part 3 provisions also include, but are not limited to, Articles 15-17 of the SAFL on exceptions, licences, and circumventing prohibitions etc.

Offences

The offences for this regime are set out in in both the SAFL and the Jersey Order. 

Reporting obligations

Reporting obligations are set out at Article 32 of the SAFL and apply to all regimes in force. These obligations include requirements for a relevant financial institution to inform the Minister if:

• it holds an account of a person, has entered into dealings or an agreement with a person or has been approached by or on behalf of a person, and
• it knows, or has reasonable cause to suspect, that the person:
  • is a designated person, or;
  • has committed, is committing or intends to commit an offence under this Law, and
• the information or other matter on which the knowledge or reasonable cause for suspicion is based came to it in the course of carrying on its business.

Licences and exceptions

A Jersey General Licence, granted by the Minister, allows multiply parties to conduct specified activities that would otherwise be restricted by sanctions measures. Supervised persons must ensure that their activities are within the scope of the General Licence's terms and that they adhere to all its conditions.

The Minister may also grant a specific licence under the SAFL and/or the Jersey Order.

To apply for a specific sanctions licence a supervised person must complete the relevant Sanctions form and return the completed form to [email protected].

The FSIU provides guidance on sanctions licences and exceptions  on the Government of Jersey website Sanctions.

Legal acts

Jersey

• Sanctions and Asset-Freezing (Jersey) Law 2019
• Sanctions and Asset-Freezing (Implementation of External Sanctions) (Jersey) Order 2021

United Kingdom

• The Myanmar (Sanctions) Regulations 2021

Further information

Useful information is provided on GOV UK website:

Financial sanctions, Myanmar 

UK sanctions relating to Myanmar - GOV.UK