According to article 3 of the Act, terrorist activity includes financing a known terrorist organization or group.

The Criminal Code will specify the liability of natural persons for financing terrorist activity, while the Act on counter terrorism will lay down the liability of legal persons for financing terrorist activity.

More specifically, the Criminal Code will define the financing of terrorist activity as wilfully providing or collecting funds or other assets, by whatever means, for intended use in terrorist activity .

When a legal person involved in financing terrorist activity is closed down, property belonging to it is confiscated.

Terrorist financing

Consequently, the plan is to add to the Criminal Code a new article establishing natural persons' criminal liability for financing terrorist activity.

Combating terrorist financing

Criminalization of terrorist financing

A special article will also be added to the Act on counter terrorism to cover liability of legal persons for the financing of terrorist activity.

Precious commodities and terrorist financing

There is information that the person performing the financial transaction is involved in terrorist activity or is directed by persons involved in terrorist activity.

It will regulate matters of criminal liability in the case of natural persons responsible for the management or supervision of a legal person involved in financing terrorist activity.

Currently, the liability of legal persons for financing terrorist activity is provided for in part in article 23 of the Act of the Republic of Belarus on counter terrorism .

In relation to terrorist financing, this includes examining low value international funds transfer instructions as terrorist financing may involve only small amounts.a

Criminalization of terrorist acts and their financing

The first concerns good practices in the area of financing and monitoring terrorist financing.

The Anti Terrorism Act, in particular, defines basic terms and their meanings, including terrorism, terrorist act, technological terrorism, terrorist activity, international terrorism, terrorist, terrorist group, terrorist organization, anti terrorism, anti terrorist operation and hostage.

Reducing the risk of terrorist financing by operational entities

typologies and trends in terrorist financing methods and techniques

Legislation with respect to terrorist acts and financing of terrorism

The fight against terrorist financing freezing and seizing of assets

Typologies and trends to counter terrorist financing methods and techniques?

Bolivia's criminal law does not contain specific provisions regarding terrorist financing.

In relation to financing terrorist activities, the following sections are relevant

OGBS actively participates in the FATF Working Group on Terrorist Financing.

UNODC has provided information on terrorist financing through the drug trade.

Specific knowledge, competence and expertise building in the field of combating terrorist financing (including typologies of terrorist financing, and methods of tracing and tracking assets), are provided by several kinds of initiatives.

No persons were prosecuted in 2004 in Slovakia on the grounds of suspected terrorist activities, financing of terrorism, recruitment for terrorist organisations, or supporting terrorists or terrorist organisations.

Legal or other measures to prevent and suppress the financing of terrorist acts

However the audits will also take into account the risk of terrorist financing.

It often serves as the main source of financing for many terrorist groups.

The draft law proposes to add to article 3 of the Act on counter terrorism a definition of the financing of terrorism (wilfully providing or collecting funds or other assets, by whatever means, for intended use in terrorist activity).

See the National Commission on Terrorist Attacks Upon the United States, Monograph on Terrorist Financing, staff report to the Commission, pp. 132 143.

It contains provisions criminalizing terrorist acts, including financing of terrorist acts, in Title IV of the special part Crimes and offences of terrorism.

The Anti Terrorism (Financial and other Measures) Order 2002 prohibits financing for any terrorist acts.

It may be difficult to assess the disruptive impact of our efforts against terrorist financing.

Financing of terrorism may be punished as contribution to the commission of a terrorist act.

Criminalization of terrorist financing In compliance with Sub paragraph 1 (a) member States are required to take steps to suppress the financing of terrorism.

The establishment under the aforementioned Act of the Financial Intelligence Unit is a measure to detect and prevent terrorist activity in that the Unit is responsible for collecting and processing financial intelligence concerning channels for money laundering and the financing of terrorism.

A suspended financial transaction may be resumed if the financial monitoring body informs the person conducting the transaction that there is insufficient evidence that one of the parties to the transaction is involved in terrorist activity or is directed by persons involved in terrorist activity.

Please describe the mechanism available in Palau to provide early warning of anticipated terrorist activity to other States.

Given the commonality of detecting and analysing potential money laundering activities and potential terrorist financing activities, it is more effective for major organizations that have been leading efforts to combat money laundering also to address the issue of terrorist financing.

OSCE promotes measures, including proposed in the FATF recommendations, on combating money laundering and terrorist financing.

(b) States should have effective executive machinery for preventing and suppressing the financing of terrorist acts.

The unsatisfactory state of publishing activity is made even worse by the inappropriate method of financing.