The federal cabinet on Tuesday approved new rules to tighten the noose around banned outfits in the country and block their financial assistances.

“The cabinet accorded approval, in principle, to Anti-Terrorism (Freezing and Seizure) Rules, 2018,” said a cabinet decision shared with the media.

The decision was taken three days after President Mamnoon Hussain promulgated an ordinance that amended the Anti-Terrorism Act, 1997, with regard to proscription of terrorist individuals and organisations to include entities listed by the United Nations Security Council.

A source privy to the cabinet meeting said the decision to allow seizing and freezing of terrorist assets would help ensure blocking of bank accounts of terrorist individuals and organisations.

In a separate decision the cabinet meeting, chaired by Prime Minister Shahid Khaqan Abbasi, instructed the officials concerned to expedite the process for filling up the vacant positions of organisation heads.

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