Since 9/11, measures designed to criminalize financial support for terrorist organizations are increasingly linked to laws and regulations governing charities and nonprofits. The Financial Action Task Force, a global standard-setting body on anti-money laundering and counter-terrorism financing, sets recommendations for member states, which in turn promulgate laws and policies to combat illicit finance. In the U.S., the Department of Treasury is responsible for these programs.

Under this framework, repressive regimes and financial institutions can restrict the legitimate activities of civil society through the imposition of extensive legal and financial requirements. The important work that civil society organizations do to address the conditions conducive to the spread of terrorism must be protected.

Feature Resources

Treasury Updates National Terrorist Financing Risk Assessment, Finding Measures to Protect Charities Largely Effective
UPDATED: Treasury Data Shows Charities Not Significant Source of Terrorist Support
Need to Update Treasury’s Terrorist Listing and Delisting Procedures

Senate Hearing Hits on Derisking, Risk-Based Approach

January 11th, 2018|

In a January 9 Senate Banking committee hearing, both legislators and witnesses touched on the importance of a risk-based approach (RBA) in the federal anti-money laundering and counter-terrorist financing regime. While the hearing, Combating

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