The UK Government has announced a full asset freeze against Blood and Honour.

Published January 8, 2025 By admin with Comments 0

The UK Government has today (8th January 2025) announced a full asset freeze against Blood and Honour, an entity it has reasonable grounds to suspect of being involved in terrorist activities through promoting and encouraging terrorism, seeking to recruit people for that purpose and making funds available for the purposes of its terrorist activities.

Blood & Honour is a neo-Nazi music promotion network and right-wing extremist political group founded in the United Kingdom by Ian Stuart Donaldson in 1987.
All assets and economic resources in the UK belonging to, or owned or controlled by, Blood and Honour must now be frozen. No person or entity required to comply with UK sanctions can deal with any funds or economic resources belonging to, or owned or controlled by Blood and Honour (or any entities it owns or controls). They also cannot make funds, financial services or economic resources available to or for the benefit of Blood and Honour (or any entities it owns or controls) unless they have obtained a licence from HM Treasury or an exception applies.

This action is the first use of the Treasury-led Domestic Counter-Terrorism sanctions regime to target extreme right-wing terrorism. The designation of Blood and Honour is a clear signal that the UK works proactively to stop terrorist financing and will take action against any who try to exploit the UK financial system for this activity.

Content retrieved from: https://finchannel.com/the-uk-government-has-announced-a-full-asset-freeze-against-blood-and-honour/124081/americas/2025/01/.