The Financial Action Task Force (FATF) has published a report on emerging terrorist financing risks.
The report describes recently identified terrorist financing methods and concludes that understanding how a terrorist organisation manages its assets is critical to starving the organisation of funds and disrupting its activities in the long term.
The report concludes that, while terrorist financing methods are evolving, authorities should continue to monitor traditional methods.
The report considers the following emerging risks in detail:
- foreign terrorist fighters;
- fundraising through social media;
- new payment products and services; and
- the exploitation of natural resources.
A copy of the report is available. http://bit.ly/1jNNMcs