Acting under Chapter VII of the United Nations Charter, the council decided to improve the implementation of sanctions including the freezing of financial assets and funds controlled by the Taliban, Al-Qaeda, Osama bin Laden and other groups.

[3] The Committee established in Resolution 1267 had its mandate strengthened to include a central role for assessing information regarding the effective implementation of the restrictions and making recommendations.

All states were called upon to cut the supply of financial assets and funds to the sanctioned individuals and organisations and to establish internal procedures for the monitoring of currency across borders.

An Analytical Support and Sanctions Monitoring Team was established to assist the 1267 Committee in the fulfilment of its mandate for an initial period of 18 months, and would be based in New York City.

The resolution urged all countries to co-operate with the monitoring team and Committee, stressing the need for information exchange and providing the names of individuals and entities to be sanctioned.