b) Submit capital movements and their corresponding collection and payment operations to prior authorization, as well as transfers, to and from a third country or by its nationals and residents. c) Agree to the freezing or blocking of funds and economic resources that are owned, held or controlled by natural or legal persons who are nationals or residents of this third country. d) Ban making available funds or economic resources that are owned, held or controlled by natural or legal persons who are nationals or residents of this third country. e) Require the conduct of enhanced due diligence measures in business relationships of or operations by nationals or residents of this third country. f) Establish the systematic communication of operations by nationals or residents of the third country or entailing financial movements to and from the third country. g) Ban, restrict or condition the establishment or maintenance of subsidiaries, branch offices or representation offices of financial institutions of the third country. h) Ban, restrict or condition the establishment or maintenance of subsidiaries, branch offices or representation offices of financial institutions in the third country. i) Ban, restrict or condition business relationships or financial operations with the third country or with its nationals and residents. j) Ban obliged subjects from accepting due diligence measures conducted by institutions located in the third country. k) Require financial institutions to revise, modify and, if applicable, end their correspondent relationship with financial institutions of the third country. l) Subject subsidiaries or branch offices of financial institutions of the third country to enhanced supervision or external audit or examination. m) Impose enhanced reporting or external auditing requirements regarding any subsidiary or branch office located or operating in the third country. 3. The Executive Service of the Commission shall be in charge of supervising and inspecting compliance with the provisions of this Article.” Eight. Article 52.1.u) is reworded as follows: “u) Failure to comply with the obligation of implementing international sanctions or financial countermeasures, under the terms of Article 42.” Final Provision Seven. Regulatory development. The Government, within the sphere of its powers, may adopt any necessary provisions for the enforcement and development of the contents of this Act. 38