Public Notice United Nations Security Council Update for the Democratic Republic of Congo

Published: Thursday June 29th, 2023

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 made the following update:

Extension of UN Security Council Sanctions on the Democratic Republic of Congo (27 June 2023)

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.

On the Sanctions List Materials page, select your preferred format to view the sanctions list (i.e. PDF, XML or HTML).

Reponses or queries regarding this notice should be addressed to:

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