People's Bank of China, Measures for the Administration of Freezing of Assets Involved in Terrorist Activities (Draft for Comments)
中国人民银行涉及恐怖活动资产冻结管理办法 (征求意见稿)
July 16, 2013 | BY
CLP Temp &Issued: May 24 2013 Main contents: The Draft requires financial institutions and designated non-financial organisations to promptly freeze the capital…
Issued: May 24 2013
Main contents: The Draft requires financial institutions and designated non-financial organisations to promptly freeze the capital or other assets directly or indirectly owned or controlled by terrorist organisations or terrorists. If the capital or assets are jointly owned or controlled by others and cannot be separated or the relevant percentages cannot be determined, such capital or assets will be frozen altogether. The customers or entrusting party concerned should be informed and given reasons for the freezing.
issued:2013-05-24Issued: May 24 2013
Main contents: The Draft requires financial institutions and designated non-financial organisations to promptly freeze the capital or other assets directly or indirectly owned or controlled by terrorist organisations or terrorists. If the capital or assets are jointly owned or controlled by others and cannot be separated or the relevant percentages cannot be determined, such capital or assets will be frozen altogether. The customers or entrusting party concerned should be informed and given reasons for the freezing.
issued:2013-05-24This premium content is reserved for
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