Importance of application of the mechanism of freezing (blocking) of assets of persons involved in terrorist and extremist activities

This article discusses the importance and effectiveness of the use of targeted financial sanctions in the form of freezing, blocking criminal funds of persons involved in terrorist and extremism activity, organization of control in financial institutions in order to implement a system of counter actions of money laundering. As well as the problems of legislation in terms of compliance with the required and to ensure the procedures for freezing (blocking), seizure of assets obtained by criminal means.