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UN Security Council Passes Resolution Targeting IS Finances

The United Nations Security Council on December 17 unanimously adopted a resolution targeting the finances of the Islamic State (IS) militant group.

The resolution was drafted jointly by the United States and Russia after talks in Moscow on December 15 between U.S. Secretary of State John Kerry and Russian President Vladimir Putin.

It ties together existing measures targeting IS finances and it offers guidance on implementation in an attempt to push more countries to act.

It builds on Security Council action in February that threatened sanctions on anyone buying oil from IS or Al-Qaeda-linked Al-Nusra Front militants and urged countries to stop paying kidnap ransoms.

The December 17 resolution “expresses concern about the lack of implementation” of previous resolutions targeting militants, including an “insufficient level of reporting” by states on their implementation of UN sanctions.

It also calls on states to report within 120 days on their implementation of sanctions.

Based on reporting by Reuters, AP, and AFP

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