Currently, the Consolidated List consists of four UNSC Committee Sanctions Lists; two are on terrorist financing and two on proliferation financing, as described below.
UNSCR DESIGNATION
Designation of a person or entity by the UNSC or one of its Committees pursuant to any of the following UNSCRs has an immediate effect in Papua New Guinea.
All persons and entities in Papua New Guinea are immediately prohibited under sections 14 and 15 of the Sanctions Act from:
- using or dealing with an asset owned or controlled by a designated person or entity. As these assets cannot be used or dealt with, they are called “frozen assets”.
- making an asset or financial service available directly or indirectly to (or for the benefit of) a designated person or entity.
As the definition of assets in the Sanctions Act includes “income or value accruing from, generated by or derived from such asset, ” the prohibition includes assets derived or generated from funds or other assets owned or controlled directly or indirectly by designated persons or entities.
There are penalties in sections 14 and 15 of the Sanctions Act for failure to comply, including fines, imprisonment or both.
PROHIBITION WITHOUT PRIOR NOTICE
The prohibition on dealing with or providing assets or financial services to designated persons or entities (or persons or entities controlled directly or indirectly by designated persons or entities) must be implemented without prior notice to the targeted person or entity.
Reporting entities should not inform a customer or their beneficial owner (s) or authorised representative (s) that assets will be frozen or assets or financial services will not be provided prior to any prohibition action.
All other persons and entities in the country should also undertake the prohibition action without prior notice to their customers, suppliers or any other persons or entities with whom they transact.
REVOCATION AND AUTHORISATION
All persons and entities in Papua New Guinea should ensure they do not apply the above prohibitions to persons and entities removed from the Sanctions Lists (Consolidated List) by the UNSC or one of its Committees, or by the Prime Minister or a court in Papua New Guinea.
They should also not apply some or all the prohibitions to a person or entity that has been issued a Sanctions Permit by the Prime Minister or a court pursuant to Section 17 (5) of the Sanctions Act or by the UNSC or one of its Committees.
1. TERRORIST FINANCING
(a). UNSCRs on Al-Qaida (Resolutions 1267/1989 and successor resolutions)
The latest Sanctions List is accessible on the ISIL (Da’esh) and Al-Qaida Sanctions Committee’s website at the following URL:
www.un.org/securitycouncil/sanctions/1267/aq_sanctions_list.
The Sanctions List currently contains the names of 256 individuals and 89 entities and was last updated on 23 August 2024 and supersedes all previous versions. There have been regular and numerous updates to the ISIL (Da’esh) and Al‑Qaida Sanctions List.
(b). UNSCRs on Taliban (Resolutions 1988 and successor resolutions)
The latest Sanctions List is accessible on the Taliban Sanctions Committee’s website at the following URL:
www.un.org/securitycouncil/sanctions/1988/materials
The 1988 Sanctions List currently contains the names of 135 individuals and 5 entities. The List was last updated on 30 January 2019 and supersedes all previous versions. There have been only two updates since 2017.
2. PROLIFERATION FINANCING
(a). UNSCRs on Democratic People’s Republic of Korea (Resolution 1718 and successor resolutions)
The 1718 (DPRK) Sanctions List currently contains the names of 80 individuals and 75 entities. The 1718 (DPRK) Sanctions List was last updated on 17 September 2024.
Press releases concerning changes to the Committee’s Sanctions List may be found on the Committee’s website at the following URL: https://main.un.org/securitycouncil/sanctions/1718/press-releases.
The latest Sanctions List is accessible on the 1718 (DPRK) Sanctions Committee’s website at the following URL:
https://main.un.org/securitycouncil/sanctions/1718/materials.
The United Nations Security Council Consolidated List is also updated following all changes made to the Committee’s Sanctions List and is accessible at the following URL: https://main.un.org/securitycouncil/content/un-sc-consolidated-list.
(b). UNSCRs on Iran (Resolution 1737/2231 and successor resolutions)
The latest Sanctions is accessible on the UNSC website at the following URL:
2231 List | United Nations Security Council
There currently are 23 individuals and 61 entities on the 2231 List.
Following the implementation of the Joint Comprehensive Plan of Action (JCPOA) that is endorsed in UNSCR 2231 (2015), some UN proliferation financing-related targeted financial sanctions against Iran have been terminated, and several individuals and entities listed by previous Iran-related UNSCRs have been removed from the list. That said, several individuals and entities remain on the list pursuant to UNSCR 2231 (2015), which also allows the listing of additional persons and entities by the UNSC. Further, on 17 January 2016, the Security Council removed one entity from the 2231 List.
Further information on UNSCR 2231 is accessible at the UNSC website at the following URL:
Resolution 2231 (2015) on Iran Nuclear Issue | United Nations Security Council
OTHER RELATED UNSCR UPDATES
(a). UNSCRs on Al-Shabaab (Resolution 1844/2713 and successor resolutions)
The update to the lists was made on 21 May 2024. To this effect, please see below the weblinks to the United Nations Security Council Press Releases concerning the changes:
https://press.un.org/en/2024/sc15703.doc.htm
An updated version of the United Nations Security Council Consolidated List is accessible in XML, PDF and HTML formats in all United Nations official languages at the following URL: https://www.un.org/securitycouncil/content/un-sc-consolidated-list
(b). Changes to the 2140 Sanctions List and to the United Nations Security Council Consolidated List
The update to the lists was made on 30 July 2024.
To this effect, please see below, the weblinks to the United Nations Security Council Press Releases concerning the changes:
https://press.un.org/en/2024/sc15781.doc.htm
An updated version of the United Nations Security Council Consolidated List is accessible in XML, PDF and HTML formats in all United Nations official languages at the following URL: https://main.un.org/securitycouncil/en/content/un-sc-consolidated-list
3. FALSE POSITIVE
False positives are potential matches to listed persons and entities, either due to the common nature of the name or due to ambiguous identifying data, which prove not to be matches on examination. In some cases, a false positive may result in a person or entity mistakenly having their assets frozen. Where a person or entity believes that their assets have been frozen in error, they should immediately contact the asset holder (e.g. financial institutions and designated non-financial businesses and professions (DNFBPs) ) directly.
3. (A) WHAT DO I DO IF THERE IS A MATCH TO THE CONSOLIDATED SANCTIONS LIST?
All persons and entities in Papua New Guinea should ensure that their customers, beneficial owners and any authorised representatives or parties to any transactions are not on any UNSC or domestic Sanctions Lists – the Consolidated List. If you hold, possess or control the asset of a designated person or entity (or persons or entities controlled directly or indirectly by designated persons or entities), you must freeze the asset immediately.
3. (B). REPORTING OBLIGATIONS
Reporting entities are reminded of their obligations under the Anti-Money Laundering and Counter-Terrorist Financing Act 2015 (AML/CFT Act) to undertake customer due diligence and submit suspicious matter reports (SMRs) to FASU. In accordance with Section 41 (4) of the AML/CFT Act, the SMR must be submitted as soon as reasonably practicable and, in any event, within five working days from the date the suspicion first arose.
Failure to report may result in a fine, imprisonment or both under Section 41 (8-10) of the AML/CFT Act.
In terms of reporting instances of matches against the Consolidated Sanctions List (or persons or entities controlled directly or indirectly by designated persons or entities), reporting entities are required to submit an SMR to FASU in accordance with Section 41 of the AML/CFT Act.
Address: P.O. Box 121 Port Moresby 121, National Capital District, Papua New Guinea
Telephone: (675) 327 7200
Fax: (675) 321 1617/321 4151
Email: fasu@bankpng.gov.pg
The URL to the SMR Form is as follows:
Reporting Forms | Bank of Papua New Guinea (PNG) Port Moresby, Papua New Guinea
4. POLICE ASSISTANCE
The asset holder must immediately assess the complaint by the person or entity whose assets have been frozen against the UNSC Sanctions Lists. The various UNSC Sanctions Lists should contain the names of persons and entities that the UNSC has sanctioned. If the asset holder is unable to determine whether the person or entity is an actual match, the asset holder must write immediately to the Police Commissioner requesting further assistance to verify whether it is an actual match or a false positive.
5. ASSISTANCE FROM THE SANCTIONS SECRETARIAT
The affected person or entity may also contact the Sanctions Secretariat for advice on the required information and any forms to be completed to seek “deactivation of frozen assets”.
6. DETAILS OF UPDATES TO THE CONSOLIDATED LIST FOR THE FOUR UNSC SANCTIONS COMMITTEESS (CONSOLIDATED LIST)
(a). UNSCRs on Al-Qaida (Resolutions 1267/1989 and successor resolutions)
The names of individuals and entities added or removed from the ISIL (Da’esh) and Al‑Qaida Sanctions List pursuant to a decision by the Committee may be found in the “Press Releases” section on the Committee’s website. This is available at the following URL:
UNSCRs 1267/1989 Updates with URL links since January 2019
(b). UNSCRs on Taliban (Resolution 1988 and successor resolutions).
The names of individuals and entities added or removed from the Taliban Sanctions List pursuant to a decision by the Committee may be found in the “Press Releases” section on the Committee’s website. This is available at the following URL:
http://www.un.org/securitycouncil/sanctions/1988/press-releases
UNSCRs 1988 Updates with URL links. Updates since 2017
(c). UNSCRs on Democratic People’s Republic of Korea (Resolution 1718 and successor resolutions)
The names of individuals and entities added or removed from the DPRK Sanctions List pursuant to a decision by the Committee may be found in the “Press Releases” section on the Committee’s website. This is available at the following URL:
https://www.un.org/securitycouncil/sanctions/1718/press-releases
UNSCRs 1718 Updates with URL links. Updates since 2017
(d). UNSCRs on Iran (Resolution 1737/2231 and successor resolutions)
The names of individuals and entities added or removed from the 2331 Sanctions List pursuant to a decision by the Committee may be found in the “Press Releases” section on the Committee’s website. This is available at the following URL:
www.un.org/securitycouncil/2231/Press Releases
However, the last update to the 2231 Sanctions List was on 17 January 2016.