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UK sanctions N. Irish militant group New IRA and suspected terror facilitator
Published by Global Banking and Finance Review
Posted on November 6, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 6, 2025
1 min readLast updated: January 21, 2026
The UK has sanctioned the New IRA and Kieran Gallagher, freezing their assets due to suspected involvement in terrorist activities.
LONDON (Reuters) -The British government froze the assets of the Northern Irish militant group, the New IRA, and Kieran Gallagher on Thursday, saying it had reasonable grounds to suspect that he was involved in terrorist activity.
(Reporting by Muvija M; Editing by Kate Holton)
Financial crime refers to illegal activities that involve the use of financial systems or institutions to commit fraud, money laundering, or other illicit acts for personal gain.
Terrorism financing is the act of providing financial support, whether directly or indirectly, to individuals or groups engaged in terrorist activities.
An asset freeze is a legal measure that prevents individuals or entities from accessing or transferring their financial assets, often used in cases of suspected illegal activities.
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