EU CHEMICAL SUPPLIERS FACE TIGHTER RULES IN LATEST ANTI-TERRORISM MEASURES

THE EUROPEAN UNION has tightened controls on explosives precursors that aim to ensure stronger safeguards and controls, including online, on the sale and marketing of the dangerous chemicals, which have been used to produce “home-made” explosives in a number of terror attacks in Europe. The new rules also aim to allow law-enforcement better access to obtain financial information across borders quickly, helping them fight serious crime and terrorism more effectively. The new rules will affect EU suppliers of chemicals to the mining industry which will have to comply with new tight controls on the chemicals they supply imposing movement restrictions on any that could be used to make explosives for terrorists, with related financial transactions also coming under additional focus. We have the details.