Assets freeze

Assets freeze

The assets freeze

Scope of the assets freeze

Financial and economic assets freeze

Financial and economic assets freeze

Travel ban and assets freeze

Improving implementation of the assets freeze measures

Selected States with an automatic freeze of assets

Selected States with executive discretion to freeze assets

Second, there was a time lag between the travel ban resolution and the issuing of the assets freeze resolution. Furthermore, there was delay of another three months between the issuance of the assets freeze resolution and the issuance of the assets freeze list.

There are three primary methods by which States implement the assets freeze.

This lack of information seriously complicates the implementation of the assets freeze.

Legal methods used by selected jurisdictions to freeze assets of United Nations listed persons

But the obligation on States is clear they must impose the assets freeze in full.

The EU must freeze these individuals assets and impose an EU wide travel ban on them.

The Committee also discussed a comparative table showing discrepancies between the travel ban and assets freeze lists.

And both departments have used their power to freeze financial assets or access to the US financial system.

According to the Team's analysis, there are three primary methods by which States legally implement the assets freeze.

Switzerland will continue to freeze Nada's assets because the company and its directors remain on the Consolidated List.

Use targeted financial sanctions to freeze terrorist related assets, disrupt channels of funding, and deter supporters of terrorism.

Freeze the Settlement Freeze

In these systems, the State often has to present to a judge or enforcement authority sufficient evidence of a specific criminal offence to freeze (or maintain an emergency freeze) of assets.

The Banking Commission of WAEMU suspended measures to freeze the assets of individuals and entities suspected (by a country).

Pakistan relies upon its United Nations (Security Council) Act, 1948, as the basis for the assets freeze and other sanctions.

The Committee was also requested to designate individuals who would be subject to a travel ban and an assets freeze.

As a result, all concerned individuals had enough time to transfer the funds from their bank accounts. Third, the assets freeze order required only the assets of concerned individuals to be frozen.

The freeze on 25 million of the leadership s assets held at Banco Delta Asia in Macau has certainly irritated the North Koreans.

The Committee's travel ban list and assets freeze list are available on the Committee's website at http www.un.org Docs sc committees Liberia3Template.htm.

The Committee considered four requests for the removal of names of persons from the assets freeze list, none of which was granted.

The United States move to freeze all Cuban assets in United States banks has also severely affected the country apos s finances.

Freeze

Freeze!

Freeze!

Freeze!

Freeze.

The first of these implementation methods guarantees that the relevant States designate and freeze the assets of parties listed by the United Nations.

Don't freeze.

Based on their resolution 1455 reports, 117 States have a clearly identified legal basis to freeze assets or otherwise prevent the financing of terrorism.

Group of Eight leaders at the Gleneagles Summit emphasized the need for further cooperation to identify, track and freeze relevant financial transactions and assets.

The Ivory Coast (United Nations Sanctions) Order 2005 implements in the United Kingdom the assets freeze imposed by paragraph 11 of resolution 1572 (2004).

Among the recommendations, the establishment of a travel ban and the freeze of assets for the violators of the arms embargo were under consideration.

The Council also established a travel ban and assets freeze which, under the terms of the resolution, entered into force on 15 December 2004.

In order to prompt further reporting, and to ensure the proper implementation of the assets freeze, the Team wrote to 19 States about the assets of listed individuals and entities recorded as present within their jurisdiction.

This work is directly relevant to the implementation of the financial and economic assets freeze upon Al Qaida, the Taliban and associated individuals and entities.