#ECOT2616427AFrance Freezes Assets of IESH and Two Linked Individuals
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France freezes the funds and economic resources of the Institut Européen des Sciences Humaines, two named individuals, and any entities they own, control, or direct. The freeze lasts six months. Banks, payment providers, businesses, and other organisations must not make money or economic resources available to these listed parties, directly or indirectly, during that period. Compliance teams should screen for the named association, individuals, and controlled entities before processing transactions or providing services.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Freezes the assets and economic resources of IESH for six months
- Freezes the assets and economic resources of Saïd Bouhdifi, Mohamed Karmous, and entities they control
- Bans direct or indirect provision or use of funds and economic resources for the listed parties during the freeze
Obligations
What this law requires
Freeze all funds and economic resources belonging to, owned, held, or controlled by Institut Européen des Sciences Humaines (IESH), registration number W581000677, for six months from publication of the order.
Freeze all funds and economic resources belonging to, owned, held, or controlled by Saïd BOUHDIFI for six months from publication of the order.
Freeze all funds and economic resources belonging to, owned, held, or controlled by Mohamed KARMOUS for six months from publication of the order.
Freeze all funds and economic resources of legal persons or other entities owned or controlled by Saïd BOUHDIFI or Mohamed KARMOUS, or knowingly acting on their behalf or instructions, for six months from publication of the order.
Do not directly or indirectly make funds or economic resources available to, or use funds or economic resources for the benefit of, IESH, Saïd BOUHDIFI, Mohamed KARMOUS, or entities they own, control, or that knowingly act on their behalf or instructions.