prohibit their own financial institutions from opening branches in Iran if there is a suspected link to proliferation. The resolution highlights the IRGC's role in proliferation and requires states to mandate that businesses exercise vigilance over all transactions involving the IRGC. Fifteen IRGC-related companies linked to proliferation will have their assets frozen. Forty Iranian companies and one individual will be subject to an asset freeze. The individual – the head of a critical nuclear research program – will also be subject to a travel ban. Thirty-five additional individuals previously subject to "travel vigilance" will now be subject to a travel ban. A UN "Panel of Experts" will be established to monitor states' implementation of the sanctions, report on sanctions violations and recommend ways to continually improve enforcement. Throughout the imposition of the aforementioned measures, exceptions were made for humanitarian purposes and legal economic activities. The Security Council deplored the transfer of arms by Iran to other countries in violation of Resolution 1747 and directed the Committee to respond to violations and promote the implementation of previous resolutions. The Secretary-General Ban Ki-moon was requested to establish a panel consisting of up to eight experts for an initial period of one year to assist the Committee in its mandate; examine information presented by countries, particularly with regards to instances of non-compliance; make recommendations to the Council and report on its findings and recommendations. All states were to report to the Committee within 60 days on the measures they had taken to implement the provisions of the current resolution. It emphasised diplomatic efforts by the five plus one (China, France, Germany, Russia, the United Kingdom and United States) to resolve the nuclear issue and encouraged further efforts. It commended the Director-General of the IAEA Yukiya Amano for a draft agreement between France, Iran and Russia and requested a report within 90 days on whether Iran had begun co-operating with the IAEA and suspended activities mentioned in Resolution 1737. On the basis of the report, the Council would review the sanctions regime and would lift provisions if compliance was reported or consider further measures in the light of non-compliance with Security Council resolutions. Voting The resolution was adopted after receiving 12 votes for the resolution, two against (Brazil and Turkey) and one abstention (Lebanon). * Permanent members of the Security Council are in bold. Reactions Iran Iranian President Mahmoud Ahmadinejad described the new resolution