Kuwait markets authority endorses UN terror financing rules

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KUWAIT (Reuters) - Kuwait's Capital Markets Authority told firms on Monday to abide by recent United Nations efforts to target financial backers of Islamist militants in Iraq and Syria. The U.N. Security Council last month named six people who would be subject to asset freezes because of their links to the Islamists, including two Kuwaitis, and threatened sanctions against anyone who financed, recruited or armed the insurgents. The Kuwaiti authority said in a statement that the move obliged institutions to freeze all funds belonging to those accused of terror financing. ...

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