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What is the difference between a ‘Designated Party’ and a ‘Listed Party’?

Category: Targeted Financial Sanctions

A ‘Listed party’ is a party which is listed by or under the authority of the UN Security Council.

A ‘Designated party’ is a party declared as such by the Secretary for Home Affairs under Section 9 or 10 of the UN Sanctions Act.

A party means an individual, a group, an undertaking or an entity.

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