Yemen Passes Terror Finance Law
After years of delay during which this bill was brought forth and then rejected by Parliament, Yemen passed a counter-terror financing law. The argument against the law was that it would hamper efforts to fund “legitimate resistance” movements like Hamas and other charitable giving. Also recall in 2005, when the UN circulated a list of 144 bank accounts associated with al Qaeda and/or the Taliban, Yemen closed one and took no further action in subsequent years. See also my category Parliament.
SABA: The parliament ratified on Tuesday the International Convention for the Suppression of Financing of Terrorism.
Concluding its second session for the second term of the seventh annual round, the parliament also approved a law draft against money laundering and terrorism financing as well as a law draft of amending some articles of the civil procedures law.
Ratifying the International Convention for the Suppression of Financing of Terrorism by the parliament comes within the state efforts to combat terrorism in all its forms.
