Top News

Of Sound and Fury: New U.S. Sanctions against Hezbollah

Consortium Against Terrorist Finance Jan. 7, 2016, 1:08pm

“Hezbollah International Financing Prevention Act of 2015” comes just as Hezbollah is stepping up their Assad-supporting efforts in Syria, and just as sanction relief begins to take effect on Iran. However, the effectiveness of these sanctions - limited by design - seems to suggest that they are little more than political posturing.

Obscure Bank Regulatory Consortium Packs a Counterror Punch

Consortium Against Terrorist Finance Jan. 12, 2016, 11:28am

By promoting and ensuring the counterterrorism integrity of the U.S. financial system, FFIEC continues to execute its mission to a degree unparalleled by higher profile government initiatives.

The Myth of Sisyphus: Kuwait’s Terror Finance Trials

Consortium Against Terrorist Finance Jan. 13, 2016, 2:09pm

The appearance of fighting terror finance is more beneficial to Kuwait than the reality of punishing their citizens could ever be.

Biting the Hand that Feeds You: Qatar’s Latest Ransom

Consortium Against Terrorist Finance Jan. 15, 2016, 1:48pm

Hezbollah linked group issues demands to free kidnapped Qatar citizens.

US Military Attacks Terrorist Cash...Literally

Consortium Against Terrorist Finance Jan. 20, 2016, 3:05pm

On January 12, CENTCOM announced aerial bombardment of a targeted ISIL cash distribution compound in Mosul, Iraq, a major center in the extremist caliphate’s administrative command and control apparatus.

Iran Sanction-Relief Frees Up Funds for Terror, Takes Toll on U.S. Taxpayers

Consortium Against Terrorist Finance Jan. 27, 2016, 5:25pm

Contrary to Secretary of State John Kerry’s recent claims, the funds that Iran is donating to terrorist groups are sizable, and the financial windfall due to the lifting of sanctions will make a difference.

Identity Fraud Magnifies Terrorist Threat

Consortium Against Terrorist Finance Jan. 28, 2016, 1:25pm

The problem of passport fraud tied to terrorism is not new, but so far, enforcement agencies’ efforts to counter it were primarily focused on targeting key links in the false document cottage industry chain, starting with organized printing of raw documents and the warehousing of counterfeit inventories.

No Petrodollar Land Grabbing for Qatar in Brussels

Consortium Against Terrorist Finance Feb. 4, 2016, 4:04pm

An online petition to stop the construction of a mosque with 600-people capacity attached to the Qatari embassy voices concerns about Qatar’s efforts at land grabbing in the European capital.

The Return of the Taliban: Ghost Schools and Untraceable Funding

Consortium Against Terrorist Finance Feb. 4, 2016, 5:15pm

A recent report by the Special Inspector General for Afghanistan Reconstruction (SIGAR) sparked a veritable media frenzy of concern because of the vast amount of U.S. dollars being funneled into an increasingly unstable Afghanistan.

Hezbollah: The Enduring Terrorism-Drug Connection

Consortium Against Terrorist Finance Feb. 9, 2016, 11:56am

Last week the U.S. Drug Enforcement Administration (DEA) revealed the arrests of key leaders of Hezbollah’s Business Affairs Component as part of DEA’s Project Cassandra. According to DEA, Hezbollah uses the laundered funds to advance its core terrorist purposes both in Syria and South America.

Ideological Foes, Economic Bedfellows: Russia’s Holistic Support for ISIS

Consortium Against Terrorist Finance Feb. 18, 2016, 5:03pm

Russian engineers are working in Tuweinan, Syria’s largest gas facility currently under ISIS-control. How much does ISIS actually benefit from Russian presence in Syria?

Financing ISIS: Time to “Think Globally, Act Locally”

Consortium Against Terrorist Finance Feb. 22, 2016, 4:09pm

Current efforts to fight ISIS focus too much on the global at the expense of the local.

Qatar’s Support of Libyan Rebels Further Unbalances a Teetering Region

Consortium Against Terrorist Finance Feb. 29, 2016, 5:01pm

Qatar’s support of Libya Independent Fighters Group (LIFG) should be seen as a dangerous force destabilizing post-Qaddafi efforts at nation building.

All About The Benjamins: Big Bills and Terror Finance

Consortium Against Terrorist Finance Mar. 3, 2016, 6:17pm

A Harvard Kennedy School study reflects on the importance of eliminating high currency bills in an effort to fight terror finance.

Iraqi Informal Banking: Secret ISIL Backbone

Consortium Against Terrorist Finance Mar. 8, 2016, 2:48pm

The U.S. has already worked successfully to deny banks in ISIL dominated regions access to international wire transfer networks, leaving money exchanges as the only viable means of transferring funds.

Hitting Hezbollah to Advance a Proxy War

Consortium Against Terrorist Finance Mar. 10, 2016, 11:20am

The terrorist designation of Hezbollah’s Lebanese core by the Gulf Cooperation Council (GCC) represents the latest development in a larger trend of exploitation of international sanctions to advance the proponent's strategic goal - Saudi Arabia's dominance in the Middle East.

HSBC, the Finsbury Park Mosque, and the Legacy of Abu Hamza

Consortium Against Terrorist Finance Mar. 11, 2016, 9:08am

Abu Hamza serves life in prison, but his legacy of terror still reigns over Finsbury Park Mosque which continues to appear in the World Check terrorism risk database.

Meet the New ISIS Leader in Libya: Abdulqader al-Najdi

Consortium Against Terrorist Finance Mar. 15, 2016, 11:53am

Last week ISIS’s Arabic propaganda magazine al-Nabaa featured an interview with Abdulqader al-Najdi, the new ISIS’s commander in Libya.

Can the U.S. Rely on Iraqi Kurdistan to Triumph over ISIS?

Consortium Against Terrorist Finance Mar. 16, 2016, 10:35am

The Kurdish regional government has proven to be fully loyal to U.S. interests, but there are troubling downside elements to the Kurds’ oil-based independence.

A Rising Terror Threat: Hamas, Underground Tunnels, and Remote Control

Consortium Against Terrorist Finance Mar. 18, 2016, 9:01am

Hamas is successfully operating at a new level of sophistication: above and underground, locally and across borders.