| Synopsis: |
This consultation seeks the views of interested parties and the general public on the Government's proposed approach to terrorist asset freezing. In particular it is interested in responses to the following: Does the draft bill set out the most effective way of meeting UN obligations and protecting national security whilst also ensuring sufficient safeguards in respect of human rights? Views on the current operation f the UK's asset freezing regime under the Terrorism orders; And, does the regulatory impact assessment accurately reflect the costs and benefits of the regime? This paper discusses the UK's current approach to counter-terrorist finance, the international framework, the UK approach to terrorist asset freezing, implementation, and draft legislation. It includes the draft bill, explanatory notes to the bill, and a regulatory impact assessment. |