United Nations Financial Sanctions Act
Vanuatu has enacted a new United Nations Financial Sanctions Act in June 2017 that aims to prevent terrorism and impose prohibitions arising from UN Security Council Resolutions and domestic resolutions. The Act outlines a designation process for which prohibitions are placed on persons designated by either the UN Security Council Resolutions or by the Prime Minister of Vanuatu.
Vanuatu FIU is the sanctions secretariat as provided for by the said Act and supports the functions of the newly appointed National Security Advisory Committee that advices the Prime Minister on designation purposes.
|United Nations Financial Sanctions Act No. 6 of 2017||DOWNLOAD|
|Guidance Note to the Reporting Entities & the Public regarding the United Nations Financial Sanctions Act No. 6 of 2017 (the UNFS Act)||DOWNLOAD|
United Nations Terrorist Listing
Reporting entities and persons holding properties for or on behalf of any other persons are required to know and understand their customers or properties held in their custody. Should they become aware that their customer is a known or prescribed terrorist or that they hold properties that are terrorist properties, reporting entities and such persons must report the matter to the FIU immediately and not to proceed any further with the transaction.
Reporting entities and members of the public may obtain the list of United Nations Terrorist Listing via this link:
|United Nations Sanctions List||GO TO WEBSITE|
|Vanuatu Domestic Sanctions List||GO TO LISTING|