Amendments to the ISIL (DA'ESH) and AL-QAIDA Sanctions List as of September 24, 2016
November 14, 2016
NBFIRA 3/3/5-I (3)
To: Principal Officers- Non-Bank Financial Institutions (“NBFIs”)
Dear Sir/Madam,
AMENDMENTS TO THE ISIL (DA'ESH) AND AL-QAIDA SANCTIONS LIST AS OF SEPTEMBER 24, 2016
1. We refer to the captioned subject matter.
2. Botswana has an obligation to support international efforts to prevent, suppress and disrupt proliferation of weapons of mass destruction and the financing of terrorism.
3. In furtherance of the above, regulated entities are required to search their databases for any existence, dealings or relationship with the listed entities from the United Nations Security Council (“UNSC”) sanctions lists and report any positive matches, near matches or no matches to the Financial Intelligence Agency without delay. Kindly note that all regulated entities are therefore required to immediately search their databases upon receipt of this circular.
4. Attached hereto some amendments (deletions) from ISIL (Da’esh) and Al-Qaida Sanctions List as of the 24th September, 2016. The list comprises of one section, namely;
- Section A on Individuals
5. Kindly note that this list and any that have been disseminated before this one are in full force and effect until the UNSC advises otherwise. Regulated entities are therefore expected to monitor and be on high alert for any future dealings or relationships with the listed entities and/or individuals of all circulars that have been disseminated to date and are responsible to continuously and timeously familiarize themselves with updates made by the UNSC and the Financial Action Task Force (“FATF”) in their respective websites.
6. In addition, kindly view the website below for a fully updated version of the list of individuals and entities subject to sanctions measures. Regulated entities are required to consult this website on a regular basis for any updates;
https://www.un.org/sc/suborg/en/sanctions/1533/materials
7. Regulated entities that provide products or services to the listed individuals, entities and other groups as a result of failing to implement adequate screening measures not only commit an offence in accordance with section 9 (3) of the Financial Intelligence Act but also expose themselves to an extremely high risk of Terrorist Financing and/or advancing weapons proliferation objectives.
8. For any clarity on the above, kindly contact our respective departments at 310 2595 or 368 6100.
Yours faithfully
______________
Ntema Modongo (Ms)
HEAD OF AML/CFT
