The Intersection of AML/SFT and Security Council Sanctions
This chapter considers the relationship which has developed between AML/SFT and UN Security Council Sanctions. The chapter describes the development of the use of sanctions within the context of counter terrorism and terrorist financing and highlights the key resolutions which led to the development of the Al-Qaida Sanctions regime. Particular consideration is given to the fair process challenges surrounding the use of targeted sanctions in this context and the introduction and development of the Office of the Ombudsperson for this particular sanctions regime. The chapter also considers some of the other challenges which arise from the intersection of AML/SFT measures with UN Security Council sanctions.