Mangala highlights legislative measures to combat terrorist financing, money laundering

Thursday, 19 March 2015 00:10 - - {{hitsCtrl.values.hits}}

Foreign Minister Mangala Samaraweera yesterday introduced amendments in Parliament to the United Nations Regulations 1 and 2 of 2012 promulgated under the United Nations Act No. 45 of 1968, to bring them into line with international obligations and strengthen the domestic legislative framework. The UN Regulations of 2012, were enacted by Sri Lanka, in keeping with its international obligations to comply with UN Security Council resolutions 1373 and 1267, that set out measures and strategies to combat international terrorism. The proposed amendments to the UN Regulations that have been gazetted in Extraordinary Gazette No. 1892/37 of 11 December 2014, tabled in Parliament by Foreign Minister Samaraweera are aimed at strengthening Sri Lanka’s domestic legislative framework to comply with UN Security Council Resolutions on terrorist financing and money laundering and will strengthen the capacity of the law enforcement and judicial authorities responsible for investigating money laundering and terrorist financing. The Minister pointed out that the Government was presenting these amendments at a time when Sri Lanka would mark the 60th anniversary of its membership in the United Nations that also coincided with the 70th anniversary of the founding of the world body. During his address in Parliament, Minister Samaraweera also highlighted Sri Lanka’s contribution to the UN system, including its norm setting process.

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