What measures has the government taken to freeze assets of individuals involved in terror funding

The government has implemented several measures to freeze the assets of individuals involved in terror funding. Here are some key points:

• The government has ordered relevant agencies to take immediate action and freeze the assets of individuals who have been listed by the United Nations Security Council (UNSC) for their involvement in terror funding.
• The freezing of assets must be carried out within a strict timeframe of 24 hours from the time the individual is listed by the UNSC.
• Agencies have been directed to closely coordinate and share information with international organizations and agencies, such as the Financial Action Task Force (FATF), to ensure a concerted effort in curbing the financing of terrorism.
• The government has strengthened its legal framework to effectively freeze assets and combat terror financing. New laws and regulations have been introduced to enhance the powers of investigative agencies and to streamline the freezing of assets process.
• Financial intelligence units and law enforcement agencies have been provided with resources and training to detect and investigate individuals involved in terror funding activities.

These measures highlight the government's commitment to combatting terror funding and ensuring that individuals involved in such activities have their assets frozen swiftly and effectively.