GOV.UK: Despite these vetoes of the Panel of Experts’ mandate, UN sanctions on Iranian proliferation remain fully in force: UK statement at the UN General Assembly

• The Panel of Experts will no longer operate, making it harder for the Security Council and the 1737 committee to monitor Iran’s nuclear activities.
• Iran has accumulated more than 400 kilograms of uranium enriched to 60% and has denied inspectors access to key facilities.

The United Kingdom expressed regret at the UN General Assembly that two permanent Security Council members vetoed the renewal of the Iran Panel of Experts’ mandate, resulting in the panel’s termination. The panel had provided independent advice, monitored sanctions implementation, and assisted UN sanctions committees, including the 1737 committee.

Despite the panel’s closure, UN sanctions on Iranian proliferation remain in force and are binding on all Member States. The UK highlighted concerns over Iran’s expanded nuclear programme, including the accumulation of more than 400 kilograms of uranium enriched to 60%, and Iran’s lack of cooperation with the International Atomic Energy Agency.

• more than 400 kilograms Uranium enriched to 60% accumulated by Iran
• 60% Enrichment level of Iran's uranium stockpile

• Review ongoing obligations under UN sanctions on Iranian proliferation, which remain fully in force despite the Panel of Experts’ mandate ending.
• Monitor developments related to Security Council resolution 1737 and the 1737 committee’s activities in the absence of the Panel of Experts.
• Assess exposure to transactions or relationships involving Iran’s nuclear programme, especially regarding uranium enriched to 60% and denied inspector access.

The termination of the Iran Panel of Experts reduces independent oversight and reporting on the implementation and evasion of UN sanctions, making it more challenging for compliance officers to monitor risks related to Iranian proliferation. Despite this, all UN sanctions on Iranian proliferation remain legally binding, requiring continued vigilance and adherence by financial institutions and other obligated entities. The situation is further complicated by Iran’s accumulation of highly enriched uranium and lack of cooperation with international inspectors, increasing the risk of sanctions breaches and regulatory scrutiny.