Bermudian lawmakers have approved new measures strengthening the island’s laws against terrorist financing.
The Anti-Terrorism Act, approved by the Senate on Monday and by the House of Assembly last Friday, will "makes it an offence to raise funds for terrorism, to use and possess money or other property for terrorism, and to be involved in any arrangements where money has been made available for terrorism."
The measures will require businesses to report to the police any suspicions that money may be being used by terrorist groups, whilst judges have been given powers for accounts to be monitored.
The law also allows the property of suspected terrorists to be seized and held for periods of up to two years during an investigation, and potentially forfeited indefinitely.
However, according to William Kattan, an official in the attorney general's office, there is no evidence that terror groups have used Bermudian institutions to fund attacks.
The bill will become effective as soon as the government enacts the measure,
which Kattan believes is “expected soon”.
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