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Implementation of the UN Security Council Resolutions Relevant to Counterterrorism and Terrorism Financing
6/23/2021
6/23/2021
Riyadh

​The Islamic Military Counterterrorism Coalition (IMCTC) organized on Wed, Jun.23, 2021 at its headquarters in Riyadh, a presentation titled; (Implementation of the UN Security Council Resolutions Relevant to Counterterrorism and Terrorism Financing) delivered by Mr. Suleiman bin Ali Al-Zabin, head of Anti-Money Laundering and Terrorism Financing Department, at the Central Saudi Bank. IMCTC Secretary General, member countries’ delegates and personnel attended the event.

The speaker broke down the implementation mechanism of the UN Security Council Resolutions relevant to counterterrorism and terrorism financing, the extent of implementation of these resolutions in relevant countries, measures that must be taken by financial institutions upon detecting that the funds they hold or under their management shall be frozen, as well as procedures that must be taken by financial institutions when the order to freeze such funds is lifted. Mr. Suleiman further outlined the role played by the Saudi Central Bank in verifying the compliance of financial institutions with the UNSC resolutions relevant to counterterrorism and terrorism financing, in addition, to the enforcement of penalties in the event of non-compliance with the requirements and procedures stipulated in the UNSCRs’ mechanisms in this respect. 

The event is part of a series of counterterrorism oriented s
ymposia, presentations and seminars held regularly at IMCTC’s premises, in furtherance of its counterterrorism efforts in the key four domains of action, namely; ideology, communications, counter terrorist financing and military.

6/24/2021 1:12 PM