FATF’s global efforts on combating terrorist financing

Improve and update the understanding of terrorist financing risks

  • Ethnically or Racially Motivated Terrorism Financing This report aims to increase the understanding of terrorist financing risks related to extreme right wing actors. It encourages countries to continue to develop their understanding of this increasingly transnational criminal activity, including by considering ethnically or racially motivated terrorism financing in their national risk assessments.
  • Terrorist Financing Risk Assessment Guidance This guidance aims to assist practitioners, and particularly those in lower capacity countries, in assessing terrorist financing risk, by providing good approaches, relevant information sources and practical examples based on country experience.
  • Financing of Recruitment for Terrorist Purposes Recruiting members and supporters is crucial to a terrorist organisation's survival. This report increases understanding of different recruitment approaches and their funding needs and will help authorities detect and disrupt recruitment activities for terrorist purposes.
  • Terrorist Financing in West and Central Africa This joint FATF-GIABA-GABAC report reveals a number of terrorist financing threats and vulnerabilities that are specific to the West and Central Africa region, and highlights the role of cash, including foreign currency. The report looks at the contextual factors and the challenges that the region faces to regulate financial products and sectors. The report highlights the need for countries in the region to work closer together as well as with the broader international community to identify and disrupt terrorist financing.
  • Risk of terrorist abuse in non-profit organisations Terrorist organisations need funds, material, personnel and public influence to carry out their illegal activities. Non-profit organisations NPO rely on the same capabilities to further their legitimate and good causes. This typologies report examines in detail, how and where NPOs are at risk of terrorist abuse and provides a number of red flag indicators to help all stakeholders identify and investigate possible cases of abuse.

Ensure that FATF Standards provide the framework for countries to tackle terrorist financing  

Improve and update the understanding of terrorist financing risks

  • The FATF Recommendations The FATF Recommendations are the basis on which all countries should meet the shared objective of tackling money laundering, terrorist financing and the financing of proliferation. The FATF calls upon all countries to effectively implement these measures in their national systems.

Ensure countries are appropriately and effectively implementing the FATF Standards

 Identify countries with strategic deficiencies for terrorist financing.

  • High-risk and other monitored jurisdictions The FATF identifies jurisdictions with weak measures to combat money laundering and terrorist financing (AML/CFT) in two FATF public documents that are issued three times a year. The FATF’s process to publicly list countries with weak AML/CFT regimes has proved effective.

 Promote effective domestic coordination and international cooperation to combat the financing of terrorism.

Key statements