What is U.N. Security Council Resolution 1373?
U.N. Security Council Resolution 1373, adopted at the end of September 2001, declares that all states (or nations) shall prohibit their nationals or any persons and entities within their territories from making any funds available for terrorism. In the broad wording of Resolution 1373, financial assets, economic resources, or financial or other related services shall not be made available, directly or indirectly, for the benefit of persons who commit, attempt to commit, facilitate, or participate in the commission of terrorist acts. Further, funds shall not be made available to entities owned or controlled, directly or indirectly, by such persons and to persons and entities acting on behalf of, or at the direction of, such persons.