NEW TERRORIST ORGANIZATION ON CANADA'S CRIMINAL

UNCLAS OTTAWA 003224 SIPDIS SIPDIS DEPARTMENT FOR WHA/CAN, S/CT, EB/ESC/TFS - LYNNE LAMBERT, SCA/A - JONATHAN MUDGE, L/EB - TOM HEINEMANN AND IO/ESC - JOHN SANDAGE E.O. 12958: N/A TAGS: ECON EFIN PTER AF CA SUBJECT: NEW TERRORIST ORGANIZATION ON CANADA'S CRIMINAL CODE LIST ¶1. (U) On October 24, the Office of the Superintendent of Financial Institutions Canada (OSFI) announced that Gulbuddin Hekmatyar's Faction of the Hezb-e Islami, the Hezb-e Islami Gulbuddin (HIG) has been designated as a terrorist organization under Canada's Criminal Code. ¶2. (U) All Canadian financial institutions and foreign branch operating in Canada must review their records on a continuing basis for the names of persons or organizations covered by regulations under the Criminal Code and report their findings on a monthly basis to the relevant regulator, which, in the case of federally regulated financial institutions, is the OSFI. The designation of individuals or entities under the Criminal Code effectively freezes their assets and prohibits fundraising on their behalf. ¶3. (U) If institutions discover they hold accounts for or contracts with persons or organizations covered by the Criminal Code, they must report this immediately to both the Royal Canadian Mounted Police (RCMP) and the Canadian Security Intelligence Service (CSIS). Moreover, institutions reporting to the RCMP and CSIS that are also reporting entities under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act must submit Terrorist Property Reports to the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). ¶4. (U) A complete listing of the more 500 individuals and entities designated under Canada's Criminal Code, the UN Regulations on the Suppression of Terrorism, or the UN Al-Qaida and Taliban Regulations can be found on the OSFI website at http://www.osfi-bsif.gc.ca/osfi/index e.aspx. Visit Canada's Classified Web Site at http://www.state.sgov.gov/p/wha/ottawa WILKINS