ISTANBUL (Reuters) – Turkey’s parliament has approved a long-awaited anti-terrorism financing law two weeks ahead of a deadline which could have seen it expelled from an international watchdog, parliamentary officials said on Thursday.<\/p>\n
Turkey is on a “grey list” of countries drawn up by the 36-member Financial Action Task Force (FATF), a money-laundering watchdog, for failing to implement the legislation required by its members despite pressing Ankara for years.<\/p>\n
The law, which will allow alleged “terrorist” accounts to be frozen without a court order, provides for a variety of penalties including imprisonment for those found to be abetting terrorism, the parliamentary officials told Reuters.<\/p>\n
Had Turkey failed to pass the law by the February 22 deadline, it would have risked expulsion from the FATF, moving it onto a blacklist alongside Iran and North Korea.<\/p>\n
Turkey’s president will have 15 days to confirm the law following its passage through parliament.<\/p>\n
(Writing by Seltem Iyigun; Editing by Nick Tattersall)<\/p>\n
via Turkish parliament approves anti-terrorism financing law – World news – Mideast\/N. Africa – Iran | NBC News.<\/p>\n","protected":false},"excerpt":{"rendered":"
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