The Financial Action Task Force (FATF) has published an updated best practices paper on targeted financial sanctions relating to terrorism and terrorist financing.

FATF recommendation 6 requires countries to implement the targeted financial sanction regimes to comply with the UN Security Council Resolutions (UNSCRs) relating to the prevention and suppression of terrorism and terrorist financing.

The paper provides best practices that could assist countries in their implementation of the targeted financial sanctions to prevent and suppress terrorist financing in accordance with the relevant UNSCRs. The paper reflects the latest relevant UNSCRs, in response to challenges faced by countries in the implementation of FATF recommendation 6.

Copies of the paper and webpage are available.

http://www.fatf-gafi.org/media/fatf/documents/recommendations/BPP-Fin-Sanctions-TF-R6.pdf

http://www.fatf-gafi.org/documents/documents/bpp-finsanctions-tf-r6.html