2025-12-19
Added · Updated
The Securities Commission of The Bahamas requires licensees and registrants to remove a specific individual from their lists of United Nations designated entities and individuals, following the Security Council Committee's removal of that entry from the Iraq Sanctions List on 9 December 2025. This action pertains to the individual specified in the attached United Nations press release. Licensees and registrants must update their records to reflect this de-listing and ensure continued compliance with United Nations Security Council Resolutions.
16 December 2025 Dear Licensee/Registrant: Re: International Obligations (Economic and Ancillary Measures) Act, Chapter 16 (IOEAMA): IRAQ Pursuant to section 3A of the International Obligations (Economic and Ancillary Measures) Act, (Ch. 16) (IOEAMA), licensees and registrants of the Securities Commission of The Bahamas (the Commission) are hereby informed that on 9 December 2025, the Security Council Committee established pursuant to Resolutions 1518 (2003) concerning Iraq, removed the entry specified in the United Nations press release attached hereto from its Sanctions List of Individuals and Entities. The United Nations’ press release can also be found at the following web address: