Cambodia passes decree on freezing assets of terrorists

The Cambodian government on Feb. 21 approved a sub-decree on freezing the assets of terrorists and terrorist-related organisations, with an aim of intensifying the country's efforts in combating against terrorism.
The Cambodian government on Feb. 21 approved a sub-decree on freezing the assets of terrorists and terrorist-related organisations, with an aim of intensifying the country's efforts in combating against terrorism.

Xinhua reported on Feb. 21 that the approval was made during a weekly Cabinet meeting, which was chaired by Prime Minister Hun Sen.

"The sub-decree is made in compliance with the United Nations Security Council regulations," said a press statement released after the meeting.

It added that the Cambodian government has paid high attention to combating against money laundering and terrorism financing by making law and regulations and enforcing mechanism for law implementation.

The country became a member of the Asia/Pacific Group on Money Laundering in June 2004 and has actively joined the international community in combating against money laundering and terrorism financing, the statement said.

In 2007, the country promulgated a law on anti-money laundering and anti-terrorism financing.-VNA

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