The Financial Action Task Force (FATF) has issued a report on the funding of terrorist organisation Islamic State in Iraq and the Levant (ISIL).
The report suggests countermeasures that governments can take to combat key terrorist financing risks, and identifies certain risks on which the FATF will conduct further research in order to determine the most effective measures to disrupt the funding of ISIL.
In the related press release, the FATF stated that it will review whether all its members have implemented measures to cut off funding to ISIL and that it will put pressure on any country that has failed to implement such measures.
Copies of the: