The document decreed that authorities of all levels must prevent and stop the financing of terrorist acts. For these purposes, criminal responsibility is established for “deliberate provision or collection of funds, by whatever means, directly or indirectly, by citizens of the Russian Federation or on the territory of the Russian Federation with the intention that such funds be used – or with an awareness that they will be used – to carry out terrorist acts.”
Executive authorities were told “to effect an immediate blocking of funds and other financial assets or economic resources of persons who commit or try to commit terrorist acts, or take part in or contribute to terrorist acts; of organisations that are directly or indirectly owned or controlled by such persons, as well as persons and organisations acting on their behalf or instructions of such persons and organisations, including funds obtained or acquired through the property that is directly or indirectly possessed or controlled by such persons and related persons and organisations.”
The decree was passed pursuant to UN Security Council Resolution 1373 of September 28, 2001. The resolution says that acts of international terrorism pose a threat to international peace and security. The resolution confirmed the need to resort to every means, in accordance with the UN Charter, to counter threats to international peace and security created by terrorist acts.