Assets Freeze

I. Relevant Security Council resolutions and Committee Guidelines

The exemptions from the assets freeze are provided for by the following:

  • Security Council Resolution 2374 (2017): paragraph 6
  • Committee Guidelines: Section 11

II. Who is entitled to submit the request for exemptions to the assets freeze?

Member States who intend to authorize, where appropriate, access to frozen funds or other financial assets or economic resources.

III. What type of exemptions to the assets freeze can be requested or notified?

There are four types of exemptions to the assets freeze:

  • For basic expenses (resolution 2374 (2017), paragraph 5 (a)
  • For extraordinary expenses (resolution 2374 (2017), paragraph 5 (b)
  • For judicial, administrative or arbitral lien or judgment (resolution 2374 (2017), paragraph 5 (c)
  • For the objectives of peace and national reconciliation in Mali and stability in the region (resolution 2374 (2017), paragraph 5 (d)
1. The basic expenses exemption

Pursuant to Section 11 of the Committee’s Guidelines, notifications for the basic expenses exemption are to be submitted for the Committee’s consideration and must, as appropriate, include the following information:

  1. Recipient (name and address)
  2. Recipient’s bank information (name and address of bank, account number)
  3. Purpose of payment and justification of the determination of the expenses falling under the basic expenses exemption
  4. Amount of installment
  5. Number of installments
  6. Payment starting date
  7. Bank transfer or direct debit
  8. Interests
  9. Specific funds being unfrozen
  10. Other information  
2. The extraordinary expenses exemption

Pursuant to Section 11 of the Committee’s Guidelines, requests for the extraordinary expenses exemption are to be submitted for the Committee’s consideration and must, as appropriate, include the following information:

  1. Recipient (name and address)
  2. Recipient’s bank information (name and address of bank, account number)
  3. Purpose of payment and justification of the determination of the expenses falling under the basic expenses exemption, the extraordinary expenses exemption, and the reconciliation expenses exemption
  4. Amount of installment
  5. Number of installments
  6. Payment starting date
  7. Bank transfer or direct debit
  8. Interests
  9. Specific funds being unfrozen
  10. Other information 

Please Note that Member States are encouraged, when submitting requests for the extraordinary expenses exemption, to report in a timely way on the use of such funds, with a view to preventing such funds from being used to conduct any of the acts described in the Listing Criteria.

3. The judicial, administrative or arbitral lien or judgment exemption

Pursuant to Section 11 of the Committee’s Guidelines, notifications regarding frozen assets which have been determined by relevant States to be the subject of a judicial, administrative or arbitral lien or judgment must, as appropriate, include the following information:

  1. Recipient (name and address)
  2. Recipient’s bank information (name and address of bank, account number)
  3. Purpose of payment and justification of the determination of the expenses falling under the basic expenses exemption
  4. Amount of installment
  5. Number of installments
  6. Payment starting date
  7. Bank transfer or direct debit
  8. Interests
  9. Specific funds being unfrozen
  10. Other information 

Please Note that the lien or judgment has to have been entered prior to the date of adoption of resolution 2374 (2017) and cannot be for the benefit of a listed person or entity.

4. The reconciliation expenses exemption

Pursuant to Section 11 of the Committee’s Guidelines, notifications regarding frozen assets which have been determined by relevant States to be the subject of the objectives of peace and national reconciliation in Mali and stability in the region must, as appropriate, include the following information:

  1. Recipient (name and address)
  2. Recipient’s bank information (name and address of bank, account number)
  3. Purpose of payment Purpose of payment and justification of the determination of the expenses falling under the basic expenses exemption, the extraordinary expenses exemption, and the reconciliation expenses exemption
  4. Amount of installment
  5. Number of installments
  6. Payment starting date
  7. Bank transfer or direct debit
  8. Interests
  9. Specific funds being unfrozen
  10. Other information 

IV. How to make the requests/notifications for exemptions to the assets freeze?

Please address the requests/notifications for exemptions to the assets freeze to:

  • The Chair of the Committee, His Excellency Mr. José Singer Weisinger (Dominican Republic), through the Permanent Mission of Dominican Republic to the United Nations.

    With copy to:

  • The Senior Secretary of the Committee, Mr. Davey McNab (sc-2374-committee@un.org)

V. Decision Making of the Committee

The Committee, through the Secretariat, will immediately acknowledge receipt of the basic expense notification. Should no negative decision be taken by the Committee within the requisite 5 working day period, the Committee, through its Chair, will inform the notifying Member State thereof. The Committee will also inform the notifying Member State if a negative decision has been taken regarding the notification.

The Committee, through its Chair, will inform the Member States requesting an exemption for extraordinary expenses about its decision.