Financing of Terrorism Law

The Financing of Terrorism Law aims to prevent the funding of terrorist activities. It criminalizes providing financial support to individuals or groups engaged in terrorism. This includes money, services, or any resources that could assist in committing acts of violence against civilians. The law seeks to identify and disrupt financial networks that support terrorism, making it harder for terrorists to operate. It also mandates reporting suspicious financial activities and enhances cooperation between financial institutions and law enforcement to combat terrorism funding effectively.