The Financial Action Task Force hold the special meeting renewed global effort to counter terrorist financing, especially focused on combating the financing of ISIL

On December 12 – 14 the special meeting of the FATF and the Egmont Group focused on combating the financing of  ISIL, their affiliates, and other terrorist groups took place in Paris. 

The FATF and the Egmont Group brought together operational experts from financial intelligence units, law enforcement, security and intelligence agencies, to improve the exchange of information and to share information and lessons from the investigation of recent terrorist attacks, including the challenges they face in identifying and cutting off terrorists’ financial support.

The result of the meeting was the preparation of guidelines for financial intelligence units, which provides guidance on strengthening the work on combating the financing of IDIL and their affiliates, as well as the FATF will initiate special follow-up measures for countries which have not criminalised terrorist financing or do not apply targeted financial sanctions.

 Additional information you can find on  http://www.fatf-gafi.org/publications/fatfgeneral/documents/fatf-leads-renewed-global-effort-to-counter-terrorist-financing.html

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