Public Notice: Security Council 1518 Sanctions Committee Amends One Entry on Its Sanctions List

Published: Wednesday August 6th, 2025

Public Notice

Security Council 1518 Sanctions Committee Amends One Entry on

Its Sanctions List

Pursuant to Section 3A of the International Obligations (Economic & Ancillary Measures) Amendment Act, 2019 and resolution 1518 (2003), Security Council 1518 Sanctions Committee approved the addition of the entry specified below to its Sanctions List of individuals and entities subject to the measures imposed by the Security Council. Therefore, supervised financial institutions (“SFIs”) are hereby informed that the United Nations Security Council (“UN Security Council”) has updated its Sanctions List as follows:

Security Council 1518 Sanctions Committee Amends One Entry on Its Sanctions List (Addition of BASHAR SABAWI IBRAHIM HASAN AL-TIKRITI) (5 August 2025)

Request for Information

In accordance with the GFSR Targeted Financial Sanctions Reporting Forms Guidance Notes, the Central Bank of The Bahamas (“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 only positive findings to the Central Bank. Additionally, any positive findings (“hits”) are required to be reported to the Financial Intelligence Unit and the Attorney General.

NIL reporting is not required.

Responses to this notice should be addressed to:

Analytics Unit

Bank Supervision Department

Central Bank of The Bahamas

Email: [email protected]

Issued: 6 August 2025