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Presidential executive order establishing an Inter-Agency Commission for Preventing Financing of Terrorism

November 18, 2015

Vladimir Putin signed Executive Order On the Inter-Agency Commission for Preventing the Financing of Terrorism.

The President gave the order to establish an Inter-Agency Commission for Preventing the Financing of Terrorism.

 Under the Executive Order’s terms, in order to block money or other assets belonging to organisations or individuals if there are sufficient grounds to suspect they are involved in terrorist activity (including financing terrorism), the following materials will be sent to the new commission:

 — Materials in the possession of the federal executive authorities and Investigative Committee containing information on an organisation’s or individual’s possible involvement in terrorist activity (including financing terrorism);

 — Requests received by the Federal Financial Monitoring Service from other countries’ relevant agencies on organisations’ or individuals’ possible involvement in terrorist activity (including financing terrorism).

 The Prosecutor’s Office, Central Bank, regional and local authorities and other state agencies and organisations have been recommended to send materials in their possession on possible involvement of organisations and individuals in terrorist activity (including financing terrorism) to the Inter-Agency Commission for Preventing the Financing of Terrorism.

November 18, 2015