§ Mr. Tony LloydTo ask the Secretary of State for Foreign and Commonwealth Affairs what steps he has taken and on what dates, to freeze the personal accounts or assets of members of regimes with whom the United Kingdom are in dispute as part of a national or international sanctions policy. [2565]
§ Sir Nicholas Bonsor[holding answer 27 November 1995]: The United Kingdom has no unilateral sanctions in place against the assets or personal accounts of foreign regimes. However, we do implement the mandatory financial sanctions imposed by the UN Security Council. Such financial sanctions are in place against Iraq, in UNSCR 661 adopted on 6 August 1990, and against Libya in UNSCR 863 adopted on 11 November 1993.
The financial sanctions imposed on the Federal Republic of Yugoslavia in UNSCRs 757 and 820 adopted on 30 May 1992 and 17 April 1993, respectively were suspended with immediate effect by UNSCR 1022 adopted on 22 November, with the exception that certain assets frozen or impounded by UNSCRs 757 and 820 shall remain frozen or impounded. A copy of UNSCR 1022 is available in the Library of the House.