CONCERNS PERSIST OVER FAIRNESS OF TERRORISM ASSET FREEZE PROCEDURES IN UK AND USA
December 1st, 2012
BY ROBERT STOKES
HOW 'fair' and effective are laws and procedures for freezing the assets of people and organisations accused or suspected of being involved in terrorism or facilitating it?
The most serious problem, according to people thus 'designated', is that even if they are exonerated and their accounts are released, they can be regarded as 'unbankable' by banks and other financial institutions.
Such questions assume greater importance as the global fight against terrorist financing becomes more widespread, joined up and sophisticated, leading to pressure ...
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