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Combating Financing of Terror

In: Economics of Terrorism and Counter-Terrorism Measures

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  • Satya P. Das

    (University of South Florida)

Abstract

This chapter is descriptive. It documents various measures that have been initiated in the world economy to combat financing of terror. It introduces and describes the functions of Financial Action Taskforce (FAFT), the premier world watchdog on money laundering in general and flow of funds to finance terrorist organizations. The chapter also catalogs the evolution of laws and measures instituted and undertaken by the USA, the European Union, the World Bank, and other world and regional institutions toward curbing the flow of funds to the hands of terrorists.

Suggested Citation

  • Satya P. Das, 2022. "Combating Financing of Terror," Springer Books, in: Economics of Terrorism and Counter-Terrorism Measures, chapter 0, pages 441-459, Springer.
  • Handle: RePEc:spr:sprchp:978-3-030-96577-8_10
    DOI: 10.1007/978-3-030-96577-8_10
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