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Financial sanctions update: Afghanistan

Link(s):https://www.gov.uk/government/publications/financial-sanctions-afghanistan

Context

As the situation in Afghanistan continues to change and the uncertainty over the future government, if any, remains the UK government are reminding firms that the Taliban has a number of sanctioned individuals in positions of authority within the organisation.

OFSI is reminding businesses that UN sanctions are already in place against individuals and entities associated with the Taliban.

Key points to note

Given this heightened risk context, those engaging or considering engaging in any financial activity in relation to Afghanistan are advised to:

  • consider conducting enhanced due diligence including in respect of entities that may be owned or controlled by designated persons; and
  • check the consolidated list and consider seeking independent legal advice before undertaking any activity.

Members of the Taliban are listed under the UN Afghanistan regime. Individuals and entities with links to the Afghan Taliban are also listed under the ISIL (Da’esh) and Al-Qaida sanctions regime.

Next actions

None – for information and awareness