CURRENT AFFAIRS

Detailed explanation-1: -The financial provisions of these relevant UN instruments are embedded in the FATF Recommendations which establish a range of measures aimed at preventing terrorist financing, and ensuring that such activity can be investigated and prosecuted effectively.

Detailed explanation-2: -FATF - The FATF is an inter-governmental body whose purpose is the development and promotion of national and international policies to combat money laundering and terrorist financing.

Detailed explanation-3: -Using INTERPOL’s global criminal databases for wanted people, stolen travel and identity documents, and stolen vehicles, law enforcement worked together with INTERPOL and AFRIPOL to locate, intercept and stop criminals trying to cross regional borders.

Detailed explanation-4: -International Convention for the Suppression of Terrorist Bombings, adopted by the General Assembly of the United Nations on 15 December 1997.

Detailed explanation-5: -Combating of Financing of Terrorism (CFT) The objective of KYC/AML/CFT guidelines is to prevent banks from being used, intentionally or unintentionally, by criminal elements for money laundering or terrorist financing activities.