Pursuant to Article 5.2 of the Law of the Republic of Azerbaijan “On Targeted Financial Sanctions,” the international list was updated in accordance with the decision of the United Nations Security Council ISIL (Da’esh) and Al-Qaida Sanctions Committee dated 16 January 2023.

Individuals and entities subject to sanctions are those included in the domestic list pursuant to decisions of the courts of the Republic of Azerbaijan and in the international list pursuant to decisions of the United Nations Security Council sanctions committees.

The latest versions of the domestic and international lists are available on the official website at www.hms.gov.az.

In accordance with the Law “On Targeted Financial Sanctions,” obliged entities must freeze, without prior notice and without delay, the assets of designated individuals and entities, including assets owned or controlled by them directly or indirectly, individually or jointly with others, as well as other assets derived from such assets. This requirement also applies to the assets of individuals and entities acting on their behalf or at their direction, and to the assets of entities they own or control directly or indirectly, individually or jointly with others.

Obliged entities must immediately report such freezing measures to the State Security Service and the Financial Monitoring Service via www.hms.gov.az.