SPAIN: TERRORISM FINANCE - IDENTIFYING DESIGNATION

UNCLAS MADRID 000681

SIPDIS

STATE FOR EB/ESC/TFS, S/CT, INL/C, EUR/PGI, EUR/ERA
TREASURY FOR TFFC, OFAC
JUSTICE FOR CRM/AFMLS

E.O. 12958: N/A
TAGS: EFIN PTER SP KTFN PGOV EUN
SUBJECT: SPAIN: TERRORISM FINANCE - IDENTIFYING DESIGNATION
AUTHORITIES IN THE EUROPEAN UNION

REF: SECSTATE 28352


1. Spain's designation of financiers of terrorism follows the
EU Clearinghouse standard. Spain brings entities for
designation to the EU Clearinghouse and freezes assets of
terrorists designated by the EU or the UN.


2. The responsible entity for ensuring that sanctions are
implemented against individuals and organizations listed by
the UN is the Ministry of Economy's Directorate General of
the Treasury, particularly the Subdirectorate General of
Inspection and Control of Capital Movements.


3. The authority that transmits Spanish positions on
financiers of terrorism to the EU Clearinghouse is the
Ministry of Foreign Affairs. The decision to propose a
listing follows an ad-hoc inter-ministerial coordination
process that includes the Ministries of Foreign Affairs and
Interior as well as the intelligence service. Once Spain's
Terrorist Finance Law of 2003 is implemented a statutory
Commission for the Financing of Terrorism will be the
authority authorized to designate a terrorist organization.
MANZANARES