Regulatory Alerts2026-03-29
Law No. 104/AN/24/9th L amending Law No. 110/AN/11/6th L on the Fight Against the Financing of Terrorism
The National Assembly of Djibouti, promulgated by the President, enacted Law No. 104/AN/24/9th L to amend existing counter-terrorism financing legislation and establish a comprehensive legal framework for preventing and prosecuting terrorist financing. The law defines key terminology, criminalizes the provision or gathering of funds for terrorist purposes with penalties of up to 20 years imprisonment and a 10 million DJF fine, and mandates the freezing of assets and confiscation of proceeds linked to designated individuals or entities. It further establishes a Technical Committee to manage UN-targeted financial sanctions, outlines jurisdictional rules for national courts, and imposes strict compliance and reporting obligations on regulated entities while protecting bona fide third parties.