INSTRUCTIONS TO BE FOLLOWED FOR COMPLIANCE OF FREEZING ACCOUNTS OF LISTED INDIVIDUALS OR INSTITUTIONS AND OTHER ISSUES UNDER THE SANCTION LIST OF DIFFERENT RESOLUTIONS OF UNITED NATIONS SECURITY COUNCIL. REF: BFIU CIRCULAR LETTER NO. 03 DATED 10.10.2012.

As a member of United Nations, Bangladesh is obliged to comply with the instructions of the resolutions adopted by the Security Council under Chapter-VII of UN Charter. Besides, instructions are effective to comply with the United Nations Security Council Resolution 1267 and its subsequent resolutions and other resolutions to freeze without delay any account/transaction operated in the name of the person(s) or institution(s) listed in those resolutions or institution(s) owned or controlled directly or indirectly by them under sections 15(3) and 17(e) of Anti Terrorism Act, 2009 (including amendment of 2012).

The following instructions are issued as per power conferred in section 15(1)(h) of Anti Terrorism Act, 2009 (including amendment of 2012) for compliance by all reporting agencies included in section 2(20) of this act:

  1. The instructions contained in the United Nations Security Council Resolution 1267(1999) and its subsequent resolutions and other resolutions have to be complied and if any account/transaction operated in the name of the person(s) or institution(s) listed in those

resolutions or in the name of institution(s) owned or controlled directly or indirectly by them; the account(s) have to be frozen without delay and the same have to be reported to this unit.

  1. Any account/transaction operated in the name of the person(s) or institution(s) listed by the Government of the People’s Republic of Bangladesh on the basis of the Resolution 1373(2001) adopted by the United Nations Security Council, or institution(s) owned or controlled directly or indirectly by them; the account(s) have to be frozen without delay and the same have to be reported to this unit.
  2. Any account/transaction operated in the name of the person(s) or institution(s) listed in ‘Resolutions relating to the prevention, suppression and disruption of proliferation of weapons of mass destruction and its financing’, adopted by the Security Council under United Nations

Charter-VII, or in the name of institution(s) owned or controlled directly or indirectly by them;

the account(s) have to be frozen without delay and the same have to be reported to this unit.

  1. Necessary measures have to be taken by collecting the list prepared under those resolutions proactively from the UN website (http://www.un.org/sc/committees/index.shtml).

You are instructed to provide necessary directions to all concerned of your institution to ensure proper compliance of the aforesaid instructions.

Please acknowledge receipt.

Source: https://www.bb.org.bd/mediaroom/circulars/aml/oct102012bfiul03e.pdf

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