Top News

Qatar, Money Laundering and Corruption

Consortium Against Terrorist Finance Jul. 30, 2015, 9:54am

While Qatar has enacted anti-money laundering laws in line with other member nations of the world financial community, their lack of action to enforce them has cast doubt on their dedication to combating illicit financial activity.

Obama Courts Iran Deal, Pressures Hezbollah

Consortium Against Terrorist Finance Aug. 5, 2015, 11:25am

While some have criticized the Iran nuclear agreement as providing opportunities for money to flow to Iranian destabilizing proxies such as Hezbollah, recent steps by the Obama administration and the Treasury Department seek to counteract this flow of funds.

Yemen's Houthis: Terror Finance Innovators?

Consortium Against Terrorist Finance Aug. 7, 2015, 10:33am

The Iranian-backed, Shi’ite insurgency that has set itself up as the defacto government in Yemen has found new methods to finance its violent campaign, borrowing tactics that are helping to revolutionize philanthropy and charitable giving in the West.

Muhsin al-Fadhli: Financing Terrorism Beyond the Headlines

Consortium Against Terrorist Finance Aug. 11, 2015, 10:37am

Although less well known than other global terrorists, Muhsin al-Fadhli was just as much a key player, and his death in July due to an airstrike represents a major win for counter terrorism.

Financial Sanctions Relief for Iran Will Facilitate State Sponsorship of Terrorism

Consortium Against Terrorist Finance Aug. 13, 2015, 9:16am

The Joint Comprehensive Plan of Action lowers the risk for nuclear nonproliferation, but this comes at a large price.

From Pied-à-Terre to Persecutor: Turkey’s Unconvincing History with ISIS

Consortium Against Terrorist Finance Aug. 13, 2015, 3:18pm

By aligning with the U.S., Turkey is seeking a more aggressive role against ISIS. This comes as a startling reversal in Turkey’s strategy towards ISIS, whose presence and activities on Turkish national territory has been tolerated by the country for years.

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

Consortium Against Terrorist Finance 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.

High Street Banks Take Initiative on Terrorism Finance

Consortium Against Terrorist Finance 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.

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

Consortium Against Terrorist Finance 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.

Saudi Arabia and Iran: Patronage Disputes over Hamas?

Consortium Against Terrorist Finance Aug. 17, 2015, 4:54pm

King Salman is pursuing closer ties with Hamas to replace Iran as Hamas’ key financier.

What Narcotraffickers Could be Teaching Today’s Islamic Terrorists

Consortium Against Terrorist Finance 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.

Qatar Charity, Pioneer and Master of Terror Finance

Consortium Against Terrorist Finance Aug. 19, 2015, 12:57pm

Despite its noteworthy humanitarian achievements, Qatar Charity’s reputation as a “terrorism supporting entity” is well deserved.

Al Qaeda in the Arabian Peninsula and its Wide Net for Fundraising

Consortium Against Terrorist Finance Aug. 21, 2015, 10:03am

Al Qaeda’s Yemen-based franchise has prominent financial support from Saudi Arabia and Qatar and its key fundraiser is a representative of the U.S. backed Government in Exile.

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

Consortium Against Terrorist Finance 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.

The SWIFT Role in Combating Terrorist Finance

Consortium Against Terrorist Finance 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.

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

Consortium Against Terrorist Finance 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 Financial Action Task Force (FATF): Coordination to Fight Terrorist Banking

Consortium Against Terrorist Finance 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.

Hiding in plain sight?

Consortium Against Terrorist Finance Sep. 3, 2015, 4:05pm

A non-descript West London office building has been accused of being the hub for all Muslim Brotherhood operations in Western Europe and it seems to house a sophisticated media operation that is helping finance global terrorism while at the same time spreading the Brotherhood’s message.

Should QIB be judged by the company it keeps?

Consortium Against Terrorist Finance Sep. 10, 2015, 4:44pm

Qatar Islamic Bank’s financial performance has been strong over the last two years. Yet the bank has extensive track record of questionable connections and activities.

Costly Cash Curbs Casualties

Consortium Against Terrorist Finance Sep. 11, 2015, 2:39pm

The Economist is calling for changes in anti-money laundering regulations to make it easier for workers in the developed world to send remittances to poorer countries. This is a noble cause but a dangerous way of implementing it that will make it easier for terror organizations to move funds around the world.