Update to United Nations Security Council Sanctions List for ISIL (Da’esh) and Al‑Qaida
Pursuant to Section 3A of the International Obligations (Economic & Ancillary Measures) Amendment Act, 2019, supervised financial institutions (“SFIs”) and the general public are hereby informed that the United Nations Security Council (“UN Security Council”) has updated its Sanctions List as follows:
Addition of One Entry, Mohammad Ali Al Habbo, to the ISIL (Da’esh) and Al-Qaida Sanctions List (17th June, 2021)
Request for Information
The Central Bank hereby requires that all SFIs licensed in The Bahamas, as a matter of high priority, review their client records to determine whether or not they hold funds, other financial assets or economic resources which are either owned or controlled directly or indirectly by the persons or entities listed on the Sanctions List or any person acting on their behalf or at their discretion, and report both positive and negative findings to the Central Bank.
Any positive findings (“hits”) are required to be reported to the Financial Intelligence Unit and the Attorney General.
Responses to this notice should be addressed to:
The Analytics Unit
Bank Supervision Department
Central Bank of The Bahamas
Email: [email protected]
Issued: 18th June, 2021