Countering the Financing of Terrorism (CFT)

Counter-terrorist finance (CTF), sometimes known as combatting terrorism financing (CFT), aims to halt the flow of illicit funds to terrorist organisations. It is closely related to anti-money laundering.

To accomplish their goals, terrorist organisations require financial assistance and an adequate financial infrastructure. According to the International Convention for the Suppression of the Financing of Terrorism, an individual commits the crime of financing terrorism “if that person by any means, directly or indirectly, unlawfully and willfully, provides or collects funds with the intention that they should be used or in the knowledge that they are to be used, in whole or in part, in order to carry out” an offence within the scope of the Convention.

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