Countering the Financing of Terrorism

INTERPOL assists Member States with the detection and positive identification of members of known transnational terrorist groups and their facilitators. For more information, read INTERPOL’s Global Counter-Terrorism Strategy PDF document.

Counter-Terrorism Committee Executive Directorate (CTED) continued to strengthen its partnerships with international organizations, including the Financial Action Task Force (FATF), to promote the effective implementation of international counter-financing of terrorism standards, especially on freezing terrorist assets, pursuant to Security Council resolutions 1373 (2001) PDF document, 2178 (2014) PDF document and 2253 (2015) PDF document. In August 2016, CTED launched a database of national authorities responsible for asset-freezing, aimed at facilitating third-party requests for the freezing of terrorist assets. During 2017, CTED engaged with the private sector to help assess the terrorism-financing risks posed by new payment products and services.

United Nations Office on Drugs and Crime (UNODC) combats the financing of terrorism under its Global Programme against Money-Laundering, Proceeds of Crime and the Financing of Terrorism. UNODC has recently completed the development of six operational courses on countering the financing of terrorism, which have been designed for intelligence, police, financial investigation units, prosecutors and investigators.

United Nations Office of Counter-Terrorism (UNOCT/UNCCT) programming is designed to improve the understanding of government agencies, financial institutions and non-governmental entities of terrorist financing trends and counter-terrorist financing practices and to enhance their capacities to prevent and respond to terrorist financing instances in accordance with international norms and standards. The two main areas of focus have been International Good Practices on Addressing and Preventing Kidnapping for Ransom (KFR) and Capacity Building on Improving Terrorist Designation and Asset Freezing Regimes PDF document. UNOCT/ UNCCT through the Effective National and Regional Action project helps to enhance the capacities of Member States, financial institutions and other semi-regulated professions to prevent terrorists from raising, using and transmitting funds for their activities.