Partnerships between public sector agencies and reporting entities can strengthen measures to counter financing of terrorism

Collaboration between public sector agencies and reporting entities such as banks can significantly enhance the effectiveness of measures to counter financing of terrorism according to the International Monetary Fund’s (IMF’s) recently published book on counter terrorism financing frameworks (Trade-based Financial Crime, 15 May 2023). Countering…

Financial institutions’ roles in counter terrorism financing frameworks in focus in new IMF report

The International Monetary Fund (IMF) has published an extensive book to assist anti-money laundering and combating terrorism financing (AML/CFT) policymakers and practitioners in identifying key challenges and good practices for strengthening the effectiveness of counter terrorism financing frameworks. The roles of financial institutions (FIs) are…