The IMF has announced the publication of ‘Countering the Financing of Terrorism Good Practices to Enhance Effectiveness’.

The book, written with contributions from experts from the IMF, UN, Egmont Group, INTERPOL, and Europol is designed to aid AML/CFT policymakers and practitioners in identifying key challenges and good practices for strengthening the effectiveness of counter-terrorist frameworks.

The six chapters cover:

  • Understanding Terrorist Financing Risk;
  • The Role of the Private Sector in Detecting and Disrupting Terrorist Financing Activities;
  • The Production and Use of Financial Intelligence to Counter Terrorism and Terrorist Financing;
  • Investigating, Prosecuting, and Sanctioning Terrorist Financiers;
  • Terrorism-Related Targeted Financial Sanctions; and
  • International Cooperation in Combating the Financing of Terrorism.

Firms can read the publication to identify the good practices recommended for adoption in strengthening their CFT frameworks.

https://www.imf.org/en/Publications/Books/Issues/2023/05/12/Countering-the-Financing-of-Terrorism-Good-Practices-to-Enhance-Effectiveness-515493

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