Sri Lanka, April 22 -- Sri Lanka has strengthened its national security and counter-terrorism financing framework with renewed focus on Targeted Financial Sanctions (TFS), the Ministry of Defence said.

Targeted Financial Sanctions are restrictive measures imposed on individuals or entities suspected of involvement in terrorism or the financing of terrorism.

These measures are intended to freeze assets, limit access to financial systems, and prevent designated persons or organizations from conducting any form of financial activity within the country.

In Sri Lanka, the implementation of TFS is carried out in line with United Nations Security Council Resolution 1373 (2001), under Regulation No. 01 of 2012 made pursuant to the United Natio...