Procedures for freezing the funds of terrorists and terrorist entities in the Iraqi Anti-Money Laundering and Terrorist Financing Law No. (39) of 2015

Abstract

The decision to freeze funds and economic resources is one of the measures developed in the criminal law, and it is one of the effects of the decision to be listed on the terrorist lists, and it targets or economic resources of individuals and entities accused of Terrorism, suspects or accomplices with them, by prohibiting their disposal, or transferring, transferring or its image based on the decision of the competent authority and for the period of validity of the decision and in accordance with the criteria for freezing. The Committee to Freeze the Funds of Terrorists, which is granted the authority to take it, has the authority to coordinate with any party, including the security and control authorities, and one of its duties is to prepare a local list on which the names of entities are included, and that its procedures and standards The Anti-Money Laundering and Terrorist Financing Law No. 39 of 2015 took over its statement. and the Freezing Terrorist Funds Regulation No. (5) of 2015, according to special procedures provided by the two above-mentioned legislation, in violation of the general rules of substantive and procedural penal legislation. Since the Terrorist Funds Freezing Committee is the competent authority granted the authority to freeze funds and economic resources, it must follow the procedures stipulated in the Anti-Money Laundering and Terrorist Financing Law and the Terrorist Funds Freezing System. What did the Federal Court of Cassation do.