The Jamaican parliament has approved the amendments to the Terrorism Prevention (Amendment) Act.

This now makes the island compliant with certain provisions of the United Nations Financial Action Task Force (FATF).

The bill was piloted by Minister of Foreign Affairs and Foreign Trade, Dr Kenneth Baugh.

According to Baugh, the Director of Public Prosecutions (DPP), Paula Lewellyn, will be able to apply to the Supreme Court for an order to list persons or entities as terrorists.

The bill will now have to go to the Senate for approval.

"This is based on either a list issued under the United Nations Security Council Resolution 1267 or if our own DPP has reasonable grounds for believing that persons or entities participated in terrorist acts," Baugh said.

According to Baugh, the amendments are important to the country for us to be classified as compliant with the provisions of the FATF or else we could be referred to as a high-risk jurisdiction.

"If the FATF makes this recommendation to its members about Jamaica, the effect can be to effectively lock Jamaica out of the global financial system," he said.