International Counterterrorism Mechanisms News

The Financial Action Task Force (FATF): Coordination to Fight Terrorist Banking

CATF Reports Sep. 2, 2015, 4:31pm

Since 1990, FATF has promulgated recommendations that are considered as the international standard for combating of money laundering and the financing of terrorism as well as weapons proliferation.

In Syria, Are the Enemies of America’s Enemies Becoming Its Friends?

CATF Reports Sep. 1, 2015, 9:44am

If the “Daesh effect” comes to fruition, extremist groups could benefit from new alliances and loosened restrictions on financing. But for now, the U.S. hasn’t changed its threat assessment in Syria.

The SWIFT Role in Combating Terrorist Finance

CATF Reports Aug. 26, 2015, 12:06pm

By rejoining SWIFT, Iran is expected to have unprecedented access to the world financial system to move money in support of terrorist causes.

Terrorist Finance and Qatar: two more Terrorists added to the U.S. Sanction List

CATF Reports Aug. 24, 2015, 7:55pm

The US Treasury recently added two Qatari nationals to its list of terror financiers and called attention to lax attitude of the Qatari authorities toward such fundraising groups operating in the Gulf State.

What Narcotraffickers Could be Teaching Today’s Islamic Terrorists

CATF Reports Aug. 19, 2015, 12:48pm

After 9/11, law enforcement and intelligence agencies treated terrorist finance as a new phenomenon prone to exploiting advanced technology. Experience suggests terrorists do very well with basic laundering techniques that worked well for narcotraffickers.

Does U.S. Anti-Terror Finance Legislation Work?

CATF Reports Aug. 14, 2015, 4:15pm

A settlement between a Jordanian bank charged under the U.S. Anti-Terrorism Act victims of Hamas attacks in Israel and the West Bank is raising questions about the Act’s anti-terror financing components and how they are interpreted and enforced.

High Street Banks Take Initiative on Terrorism Finance

CATF Reports Aug. 14, 2015, 1:20pm

Large banks are cracking down on account holders with ties to terrorism, and these crackdowns have pushed nonprofits with terrorist ties to the forefront.

International Body Pinpoints Gold as Increasingly Popular Vehicle for Money Laundering and Terrorism Financing

CATF Reports Aug. 14, 2015, 10:45am

A recent report by the Financial Action Task Force explains why the gold market provides some of the easiest means for criminal and terrorist organizations to launder the proceeds of their illicit activity.