The DFSA reminds all Authorised Firms, Ancillary Service Providers, Authorised Market Institutions and Registered Auditors (‘regulated entities’) of the financial sanctions imposed by UN Security Council Resolution 1267 (1999) against individuals and entities belonging to or associated with the Taliban. Please note that the sanctions regime has been modified and strengthened by subsequent resolutions, including resolutions 1333 (2000), 1390 (2002), 1455 (2003), 1526 (2004), 1617 (2005) and 1735 (2006) so that the sanctions now cover individuals and entities associated with Al-Qaida, Osama bin Laden and/or the Taliban wherever located.
Please note that DFSA will not issue any notifications in relation to the frequent amendments to the UN Consolidated List made by the United Nations Sanctions Committee. Accordingly, regulated entities need to ensure that their systems and controls are able to monitor any relevant changes.
Please refer to the Al-Qaida and Taliban UN Sanctions Committee website for further information on these sanctions including the current Consolidated List of the named individuals and entities.
Foreign AML/CTF lists
The following lists published in the United Kingdom, United States of America , and by the European Union provide details of persons and entities identified by relevant authorities as being connected with illegal activity. The DFSA encourages all regulated entities to regularly check and monitor these lists, as a matter of good practice in relation to Customer Identification and ongoing Customer Due Diligence requirements.
Consolidated list for financial sanctions in the European Union (EU)
The EU list is the consolidated list of persons, groups and entities subject to the Common Foreign and Security Policy related financial sanctions by the European Banking Federation, the European Savings Banks Group, the European Association of Co-operative Banks and the European Association of Public Banks ("the EU Credit Sector Federations") and the European Commission.
HM Treasury lists (UK)
The HM Treasury lists include those persons whose assets have been frozen in the UK on the direction of HM Treasury.
Office of Foreign Asset Controls – OFAC lists (US)
The US list consists of names that have been issued by the US authorities. They are individuals and organisations that are suspected as being connected with terrorist activities and other illegal activities.
Please note that some of the names on the US list appear also - either directly or as aliases for those names - on the HM Treasury lists or other lists.