Resource > Glossary >
United Nations Security Council (UNSC)
Updated on:
July 19, 2023

United Nations Security Council (UNSC)

The United Nations Security Council (UNSC) is the primary international body responsible for maintaining global peace and security, as well as addressing pressing international conflicts and crises.

  • The UNSC comprises 15 member countries, including 5 permanent members and 10 elected members
  • Main authority on international peace and security issues
  • Power to impose sanctions, authorise military action, and establish peacekeeping missions
  • Decisions require consensus from all five permanent members

About FullCircl

FullCircl is a Customer Lifecycle Intelligence (CLI) platform that helps B2B companies in financially regulated industries do better business, faster. Its solutions allow front and middle office teams to win the right customers, accelerate onboarding and keep them for life.

FullCircl has merged with ID&V platform provider W2 Global Data to provide regulated entities with the next generation of regulatory compliance.

The United Nations Security Council (UNSC) is the principal component of the United Nations, tasked with ensuring international peace and security. Established in 1945, it plays a crucial role in addressing global conflicts, crises, and security challenges. The UNSC has the authority to make binding decisions on member states, which distinguishes it from other UN bodies.

The Council consists of 15 member countries, including five permanent members (the United States, Russia, China, France, and the United Kingdom) and ten non-permanent members elected for two-year terms. The permanent members possess veto power, meaning they can block any substantive resolution that does not align with their interests. Decisions on major issues require the affirmative votes of at least nine of the 15 members, including the concurring votes of all five permanent members.

The UNSC has a range of tools at its disposal to address threats to international peace and security. These include imposing economic sanctions, establishing arms embargoes, authorising the use of force, and deploying peacekeeping missions. The Council also works closely with regional organisations and other UN bodies to facilitate diplomatic efforts, promote conflict resolution, and support post-conflict peacebuilding.

Financial services organisations should be aware of the UNSC's decisions and resolutions, as they may have implications for their operations, particularly in areas such as sanctions compliance and risk management. By understanding the Council's role and mandates, financial institutions can ensure they remain compliant with international regulations and contribute to global peace and security.

Research and Insights