Long abstract

Recognising the vital importance of taking action to combat the financing of terrorism, the
FATF has agreed these Recommendations, which, when combined with the FATF Forty
Recommendations on money laundering, set out the basic framework to detect, prevent and
suppress the financing of terrorism and terrorist acts.

Each country should take immediate steps to ratify and to implement fully the 1999 United
Nations International Convention for the Suppression of the Financing of Terrorism.
Countries should also immediately implement the United Nations resolutions relating to the
prevention and suppression of the financing of terrorist acts, particularly United Nations
Security Council Resolution 1373.

Each country should criminalise the financing of terrorism, terrorist acts and terrorist
organisations. Countries should ensure that such offences are designated as money
laundering predicate offences.