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Terrorist dealings are now illegal

Are you dealing with people who might be raising money for terrorists? Unlikely as it might sound, the Federal Government is concerned enough to introduce new legislation that forbids people or entities in Australia from financing terrorist acts.

The legislation also prohibits any person or entity from directly or indirectly making assets available to a proscribed person or entity. This could include the provision of insurance cover, or paying insurance claims.

To keep track of likely sources of terror, the Department of Foreign Affairs and Trade has a website for insurers and brokers to check they’re not accidentally straying over the terrorist line.