House of Peoples of BiH Adopts Key Law to Prevent Terrorism Financing
Deputies of the House of Peoples of the BiH Parliament, after several failed attempts, adopted the Law on Restriction of Property Disposal at today's urgent session with the aim of preventing terrorism, terrorism financing, and financing the proliferation of weapons of mass destruction.
TL;DR
- The House of Peoples of BiH Parliament adopted the Law on Restriction of Property Disposal.
- The law aims to prevent terrorism, terrorism financing, and the financing of weapons of mass destruction proliferation.
- It was passed on an urgent basis following previous unsuccessful attempts.
- The law establishes a mechanism for implementing sanctions measures and aligns BiH with international standards.
- This is seen as vital for improving BiH's international reputation and avoiding the FATF's ICRG process.