Terrorist financing

Combating terrorist financing

Criminalization of terrorist financing

Precious commodities and terrorist financing

In relation to terrorist financing, this includes examining low value international funds transfer instructions as terrorist financing may involve only small amounts.a

Criminalization of terrorist acts and their financing

The first concerns good practices in the area of financing and monitoring terrorist financing.

Reducing the risk of terrorist financing by operational entities

typologies and trends in terrorist financing methods and techniques

According to article 3 of the Act, terrorist activity includes financing a known terrorist organization or group.

Legislation with respect to terrorist acts and financing of terrorism

The fight against terrorist financing freezing and seizing of assets

Typologies and trends to counter terrorist financing methods and techniques?

Bolivia's criminal law does not contain specific provisions regarding terrorist financing.

In relation to financing terrorist activities, the following sections are relevant

OGBS actively participates in the FATF Working Group on Terrorist Financing.

UNODC has provided information on terrorist financing through the drug trade.

The Criminal Code will specify the liability of natural persons for financing terrorist activity, while the Act on counter terrorism will lay down the liability of legal persons for financing terrorist activity.

Specific knowledge, competence and expertise building in the field of combating terrorist financing (including typologies of terrorist financing, and methods of tracing and tracking assets), are provided by several kinds of initiatives.

No persons were prosecuted in 2004 in Slovakia on the grounds of suspected terrorist activities, financing of terrorism, recruitment for terrorist organisations, or supporting terrorists or terrorist organisations.

Legal or other measures to prevent and suppress the financing of terrorist acts

However the audits will also take into account the risk of terrorist financing.

It often serves as the main source of financing for many terrorist groups.

See the National Commission on Terrorist Attacks Upon the United States, Monograph on Terrorist Financing, staff report to the Commission, pp. 132 143.

It contains provisions criminalizing terrorist acts, including financing of terrorist acts, in Title IV of the special part Crimes and offences of terrorism.

The Anti Terrorism (Financial and other Measures) Order 2002 prohibits financing for any terrorist acts.

It may be difficult to assess the disruptive impact of our efforts against terrorist financing.

Financing of terrorism may be punished as contribution to the commission of a terrorist act.

Criminalization of terrorist financing In compliance with Sub paragraph 1 (a) member States are required to take steps to suppress the financing of terrorism.

Given the commonality of detecting and analysing potential money laundering activities and potential terrorist financing activities, it is more effective for major organizations that have been leading efforts to combat money laundering also to address the issue of terrorist financing.

OSCE promotes measures, including proposed in the FATF recommendations, on combating money laundering and terrorist financing.

(b) States should have effective executive machinery for preventing and suppressing the financing of terrorist acts.

Under Norwegian law, financing of terrorist acts is generally subject to criminal liability as aiding and abetting.

Question on preventing the financing of terrorist activities through, or by charitable and other non profit organizations.

The fight against terrorist financing is an essential part of the international fight against terrorism more generally.

Her Government had always stood firmly against the harbouring of terrorists and the financing of terrorist operations.

The Financial Action Task Force on Money Laundering has also expanded its mandate to include terrorist financing.

It will only be possible by such a new focus to really tackle financing for terrorist purposes.

The Convention against Terrorist Bombings and the Convention against the Financing of Terrorism are especially significant instruments.

Property that is the proceeds of, or involved in, the financing of terrorism, terrorist acts or terrorist organisations can be confiscated through the Proceeds of Crime Act 2002.

It will also cover penalty on legal persons, typification of terrorist financing and concealment of terrorist assets as individual offence as well as specific procedures for penal prosecution.

When a legal person involved in financing terrorist activity is closed down, property belonging to it is confiscated.

The establishment of an effective customer due diligence programme by financial institutions is key in combating terrorist financing.

Let me conclude by saying that terrorist financing is not a short term policy with short term goals.

See United States Terrorist Financing Fact Sheet, www.ustreas.gov rewards pdfs terroristlists list6.pdf, the National Commission on Terrorist Attacks upon the United States, the 9 11 Commission report, at 151.