ABSTRACT
UN Security Council (UNSC) Resolution 1267 (1999) was one in a series of res olutions which attempted to prevent the planning and carrying out of terrorist attacks by Usama bin Laden and the Al-Qaeda network. The freezing of funds of the Taliban, who the Security Council saw as providing both a safe haven for bin Laden and a base for developing international terrorist activities, as well as the funds of those suspected of being associated with bin Laden, is one of the principal means by which the aims of the Resolutions are to be achieved. Paragraph 6 of the Resolution established a Sanctions Committee, which is responsible, amongst other tasks, for creating a list of individuals and entities designated as associates of bin Laden. States are responsible for freezing the funds and assets of those individuals and entities on the list.
