Sri Lanka, April 22 -- The Ministry of Defence said Sri Lanka has strengthened its national security framework by placing renewed emphasis on Targeted Financial Sanctions (TFS), a key tool used to disrupt the financing of terrorism and safeguard the country's financial system.

Targeted Financial Sanctions are restrictive measures imposed on individuals or organizations suspected of involvement in terrorism or its financing. These measures include freezing financial and non-financial assets, restricting access to banking services, and preventing designated entities from engaging in economic activities.

In Sri Lanka, TFS are implemented in line with United Nations Security Council Resolution 1373 (2001), under Regulation No. 01 of 2012 en...