Public Notice: Security Council Sanctions Committee Established Pursuant to Resolution 1988 (2011) Amends 22 Names on Its Sanctions List

Published: Friday March 13th, 2026

Public Notice

Security Council Sanctions Committee Established Pursuant to Resolution 1988 (2011) Amends 22 Names on Its Sanctions List

Pursuant to Section 3A of the International Obligations (Economic & Ancillary Measures) Amendment Act, 2019, and to the United Nations Security Council Resolution 1988 (2011), supervised financial institutions (“SFIs”) are hereby informed that the Security Council Sanctions Committee established pursuant to Resolution 1988 (2011) updated its Sanctions List as follows:

Security Council Sanctions Committee Established Pursuant to Resolution 1988 (2011) Amends 22 Names on Its Sanctions List (10 March 2026)

Request for Information:

In accordance with the GFSR Targeted Financial Sanctions Reporting Forms Guidance Notes (“GFSR Joint TFS Guidance Notes”), 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 they hold funds, other financial assets, or economic resources owned or controlled, directly or indirectly, by persons or entities listed on the Sanctions List or any person(s) acting on their behalf or at their direction, 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.

Please be reminded that NIL reporting is not required.

Questions regarding this Notice should be submitted to:

Analytics Unit
Bank Supervision Department
Central Bank of The Bahamas
Email: [email protected]