Regulatory Alerts2019-01-01
United Nations Security Council Resolutions Implementation (Reporting Entities) Regulations, 2019
The Minister of Foreign Affairs and Foreign Trade of Jamaica issued these regulations to implement United Nations Security Council resolutions by establishing compliance frameworks for designated reporting entities. The rules mandate that entities monitor for proscribed persons, utilize existing identification procedures, and submit specific reports regarding the possession or control of assets linked to listed entities. The competent authority is empowered to monitor compliance, issue guidelines, and enforce penalties for failures to adhere to reporting obligations or directions.
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