the UK authorities’s thought to ban the fee of ransoms via
insurers to terrorist organizations, a good way to be officially offered to
Parliament the following day, is in reality already inscribed in regulation,
now not simplest by the UK, however additionally by the U.S., the european and
the UN.
Doug Milne, Willis’ chief govt Officer, unique Contingency
risks (SCR), stated: “The charge of ransoms to proscribed terrorist agencies
has, for some time, been prohibited by using uk regulation and by using
sanctions issued by using the United countries as well as the united states and
the european.
“We welcome this clarification that the United Kingdom
government is presenting as part of its Counter Terrorism and protection bill
and we guide every effort to combat international terrorism,” he brought.
“we are able to retain to paintings inside the law to make
certain our clients recognize the environments in which they perform, are
capable of identify and reduce capacity threats to their human beings and
feature the capability to respond to incidents correctly,” he continued.
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