BACC TRAVEL

Brazil has published two administrative regulations to standardize procedures for blocking access to property and assets owned by persons convicted of terrorism. The measure is the result of a resolution by the United Nations Security Council (UNSC) aimed at preventing the financing and expansion of terrorism in the world.

When individuals or companies are included in the UNSC sanctions lists due to financing or participating in terrorist organizations and acts, countries must internally locate assets, rights and interests of such persons or companies in order to block them and declare them unavailable without delay.

This is an important measure to pre-vent the financing and expansion of terrorism in the world by focusing on the preventing the financing of terrorist groups. Currently, several countries, individuals and entities are subject to UNSC sanctions, which range from embargoes on arms and ammunition trade with a country to the blockage of individual or company assets and, in extreme cases, even bans on the trade of food, if a country is threatening international peace.

Today, there are sanctions to terrorist groups Islamic State, al-Qaeda and Taliban and to countries such as North Korea, Iraq, Congo, Sudan, Libya, Yemen and others.

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The Brasilians