Nova KBM
 

Restrictive measures | NKBM

Restrictive measures

RESTRICTIVE MEASURES



Based on requirements of the law and having adopted a relevant business decision, Nova KBM d.d. fully complies with restrictive measures imposed on various subjects (legal entities, individuals, companies, countries or other subjects, depending on the measure) by the international community.

Throughout its business operations, Nova KBM d.d. fully complies with EU/FBE, UN and OFAC sanctions lists. Observance of applicable restrictive measures is reflected by the Bank imposing an overall business ban for entities and individuals concerned: Nova KBM d.d. does not enter into business relationships or execute payment transactions for, with or to entities or individuals who are listed on the aforementioned sanctions lists. 


Based on a business decision, Nova KBM d.d. does not enter into business relationships or execute payment transactions for, with or to entities or individuals who are in any way, be it directly or indirectly connected with entities or individuals in or from Syria, Sudan, Cuba, North Korea or the Crimea region: 
  • the country or any national authority of the country, 
  • any natural person located or residing in this country; 
  • any legal person, entity or authority domiciled in this country, and
  • any legal person, entity or authority in this country or outside of it that is directly or indirectly owned or directly or indirectly controlled by one or more persons or authorities referred to above. 
Business with Iran:

Nova KBM does not engage in business with Iranian subjects, such as:
  • the state of Iran or any Iranian national body or authority,
  • any individual located or domiciled in Iran (this does not apply to transfers of assets from an Iranian national not domiciled in Iran to a citizen of the Republic of Slovenia),
  • any legal person, entity or body headquartered in Iran,
  • any legal person, entity or body in Iran or outside of Iran in direct or indirect ownership or direct or indirect control by any person, entity or body referred to in the preceding bullet points (including subsidiaries of Iranian companies not located in Iran).