Statutory guidance

Nicaragua sanctions: guidance

Guidance on the Nicaragua (Sanctions) (EU Exit) Regulations 2020

• From: Foreign, Commonwealth & Development Office, Export Control Joint Unit and Office of Financial Sanctions Implementation
• Published: 3 November 2020
• Last updated: 5 December 2024 — See all updates

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Nicaragua sanctions: guidance

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The UK’s sanctions framework has changed. This page tells you about UK sanctions that are now in force.

This guidance assists people in implementing and complying with the Nicaragua (Sanctions) (EU Exit) Regulations 2020. It covers the prohibitions and requirements imposed by the regulations. It also provides guidance on best practice for:

• complying with the prohibitions and requirements
• enforcing them
• circumstances where they do not apply

This guidance should be read alongside more detailed sanctions guidance published by departments including the Home Office and HM Treasury, through the Office of Financial Sanctions Implementation (OFSI).

Published 3 November 2020
Last updated 5 December 2024 + show all updates

1. 5 December 2024

   These changes reflect the Sanctions (EU Exit) (Miscellaneous Amendments) (No.2) Regulations 2024 and taken together make a range of technical changes with the purpose of improving OFSI’s ability to gather intelligence on industry’s compliance with financial sanctions, strengthen OFSI’s enforcement powers, enable OFSI to conduct its licensing responsibilities more efficiently, and clarify financial sanctions legislation where there is existing uncertainty.

2. 9 July 2024

   Amended to include guidance on director disqualification legislation

3. 3 November 2020

   First published.