Ammon News - The Central Bank of Jordan (CBJ) issued a circular to banks in Jordan, licensed exchange companies, payment and electronic money transfer companies, in addition to microfinance companies and insurance companies, to renew the sanctions regime on Yemen and continuing the travel ban and asset freeze for a year, based on a resolution issued by the UN Security Council.

The CBJ’s circular came, according to the letter sent by Jordan's Permanent Representative to the UN, Ambassador Mahmoud Hmoud, in which he addressed the Deputy Prime Minister and Minister of Foreign Affairs and Expatriate Affairs, regarding the adoption of Resolution No. 2707 (2023) on extending the mandate of the group of experts charged with assisting the Yemen Sanctions Committee, that the resolution was adopted by which it renewed the travel ban and asset freeze imposed on specific individuals and entities in Yemen for a period of 12 months and also extended the mandate of the group of experts charged with assisting the Council’s Yemen Sanctions Committee for 12 months.

The decision also stipulated that the team’s mandate be reviewed and that appropriate action be taken regarding an additional extension no later than November 15, 2024.

The Council requested the Secretary-General to take the necessary measures to expedite the reconstitution of the Group of Experts in consultation with the Sanctions Committee.

The resolution also requested the group of experts to provide an update to the Security Council Committee established by resolution 2014 (2014) no later than April 15, 2024, in addition to a final report containing information as set out in paragraph 16 of resolution 2624 (2022) no later than April 15, 2024, to the UN Council.