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UN Sanctions

A7. Compliance, certification and enforcement

Definition

Sectoral or country sanctions enforced through Security Council resolutions.

UN sanctions are measures imposed by the United Nations Security Council under Chapter VII of the UN Charter, binding on all member States. In shipping they include country and sectoral measures, asset freezes, and targeted listings of vessels, persons, and entities, for example arms and commodity embargoes that restrict carriage and port access. Member States implement them in national law, and flag States, port States, banks, and insurers enforce them in practice. Owners and charterers screen counterparties and cargoes against the Security Council consolidated list and manage residual exposure through BIMCO sanctions clauses. UN sanctions sit alongside, and may be narrower or broader than, EU, UK, and US measures.

Source: United Nations Security Council sanctions (UN Charter Chapter VII)