interpretative language to the definition clarifying that strikes or protests do not constitute acts of terrorism unless certain other elements of the offensesofterrorism are present (see Chapter 4 , page 47, for examples). More generally, each country will need to balance the need for legislation giving police and other authorities sufficient powers to detect and prosecute acts of terrorism, including their financing and their preparation, with the need to preserve individual liberties, including basic privacy rights and the rights of offenders. Authorities may consult the
the risk is currently deemed to be limited.
4. The Netherlands have criminalized ML fully in line with the requirements under the Vienna and Palermo Conventions . The Criminal Code does not provide for an autonomous offenseof “terrorism financing,” but criminalizes such conduct based on the offense of “preparation to commit a serious crime” and “participation in a terrorist organization,” which falls short of the FATF standard.
5. The Netherlands have a long-standing financial intelligence unit (FIU) which is one the founding members of the Egmont Group of
Bolivia’s system to prevent and suppress money laundering fulfills most of the Financial Sanctions Related to Terrorism and Terrorist Financing (FATF) recommendations and applies to the insurance, stock market, and financial sectors. However, the system does not include other activities that are susceptible to money laundering. The institutional regulatory and financial intelligence responsibilities for combating money laundering are concentrated in the Bolivian Financial Intelligence Unit. Bolivia should continue to improve the legislation aimed at combating this offense, and strengthen the imposition and supervision of controls.
even if the offenses giving rise to the illicit gains have been committed wholly or partly in another country, provided that the offenses are considered as such in both countries.
20. Regarding the crime of terrorism, the Penal Code classifies the offenseofterrorism (Article 133) among the offenses against public order.
21. In January 2002, Bolivia also ratified the “International Convention for the Suppression of the Financing of Terrorism” approved by the United Nations General Assembly on December 9, 1999. Among other measures, this Convention requires the
risk is currently deemed to be limited.
4. The Netherlands has criminalized ML fully in line with the requirements under the Vienna and Palermo Conventions . The Criminal Code does not provide for an autonomous offenseof “terrorism financing,” but criminalizes such conduct based on the offense of “preparation to commit a serious crime” and “participation in a terrorist organization,” which falls short of the FATF standard.
5. The Netherlands has a long-standing financial intelligence unit (FIU) which is one the founding members of the Egmont Group of FIUs and
There is terrorism and terrorist financing (TF) risk, but it appears limited based on available information. The Netherlands has criminalized money laundering (ML) fully in line with the requirements under the Vienna and Palermo Conventions. The Netherlands has a long-standing financial intelligence unit (FIU), which is one the founding members of the Egmont Group of FIUs and enjoys high trust for its professionalism, both domestically and internationally. The suspicious transaction reporting requirement needs to be strengthened to ensure that suspicious transactions are reported promptly to the FIU.
did not provoke any real controversy, as the stakes were not at that time apparent to many in the international community. The events of September 11 have since brought to light the critical need for cooperation among states to combat the networks financing terrorism, implemented by this Convention.
The definition used by the Convention for the offenseofterrorism financing is particularly broad as it covers the act of providing or collecting funds with a view to carrying out a terrorist act, and the funds in question can be of any type and have a legal origin
The Czech government has made impressive progress in bringing the antimoney laundering (AML) regime of the Czech Republic into compliance with both European and international standards. The Czech government has undertaken important steps toward completing the legal and institutional framework to fight money laundering, and has begun concrete implementation of the AML regime in the various relevant financial sectors. Further efforts by the government to improve the country’s AML legal and institutional framework and effective supervision have resulted in the enactment of major legislation.
done willfully. Second, the perpetrator must have had either the intention that the funds be used to finance terrorist acts, or the knowledge that the funds would be used for such purposes. In this second aspect, intent and knowledge are alternative elements. The Convention does not provide further information on these two aspects of the mental element, and therefore they are to be applied in accordance with the general criminal law of each state party.
The material elements
The definition of the offenseofterrorism financing in the Convention contains two
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.