Terrorism evolves constantly and is a serious threat to society.
Since every terrorist act requires the collection and transfer of funds, the competent authorities have increasingly complemented traditional counter‑terrorism efforts with measures focused on monitoring the economic and financial dimension of these activities. An important milestone in this approach was the establishment of the Financial Action Task Force (FATF) in 1989. However, it was the attacks of 11 September 2001 that ultimately brought terrorist financing to the forefront of global attention.
Countering the financing of terrorism aims to detect the financial resources destined for terrorist organizations and the channels through which they move, including those outside the formal banking system.
Although many of the analytical tools used to combat terrorist financing overlap with those used in anti‑money laundering efforts, it is important to note that, unlike money laundering, the funds used to finance terrorism do not necessarily originate from illegal activities.
This section offers guidance, insights, and practical experiences on terrorist financing, drawing on contributions from national and international institutions.
