Regulation

The South Sudan (Sanctions) (Overseas Territories) (Amendment) Order 2015 (S.I. 2015/1527)

British Virgin Islands Financial Services Commission (FSC) · British Virgin Islands

Amends The South Sudan (Sanctions) (Overseas Territories) Order 2014

Current version last checked: 2026-07-11

Summary

This UK Statutory Instrument amends the South Sudan (Sanctions) (Overseas Territories) Order 2014, which extends UN and EU sanctions measures against South Sudan to specified Overseas Territories, including the British Virgin Islands. The amendment is narrow: it updates a single definition in the principal Order to reflect a replacement EU sanctions regulation.

  • What changes: Article 3(1) of the principal 2014 Order is amended so that the definition of the Council Regulation now refers to Council Regulation (EU) No. 2015/735 of 7 May 2015, replacing the previous reference to Council Regulation (EU) No. 748/2014.
  • Why: The EU replaced its earlier South Sudan sanctions regulation to incorporate UN Security Council Resolution 2206 (2015) and Council Decision (CFSP) 2015/740, so the Overseas Territories legislation is updated to point to the current EU instrument.
  • Practical effect: Persons and entities in the BVI subject to South Sudan sanctions obligations must apply the updated Council Regulation reference when identifying designated persons, restricted activities, and financial sanctions measures.

The Order itself does not create new substantive sanctions obligations beyond keeping the applicable legal reference current; the underlying sanctions regime and compliance duties under the principal 2014 Order continue to apply.

Key obligations

  • Persons and entities subject to South Sudan sanctions in the BVI must have regard to the updated definition of the Council Regulation (EU No. 2015/735) when applying restrictive measures and screening under the principal 2014 Order.

Applies to

financial institutions and other persons subject to South Sudan sanctions measures in the Overseas Territories, including the British Virgin Islands

Deadlines

  • 12th August 2015: Date on which the Amendment Order comes into force

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Version history

2026-07-11

source file (current)