Joint UN/FATF open briefing on depriving terrorist groups of sources of funding
On Thursday 14 April 2016, the United Nations and the Financial Action Task Force (FATF) held an open briefing on #StopTerrorFinance: Countering the financing of terrorism and depriving terrorist groups, particularly Al-Qaida, ISIL (Da'esh) and their affiliates, from their sources of funding.
FATF President Je-Yoon Shin delivered a keynote speech during this open briefing, which highlighted the need for an effective implementation of measures to combat money laundering and terrorist financing and the importance of FATF's partnership with the UN, as well as with the members of the Global Network of 9 regional bodies and 198 jurisdictions.
The meeting was chaired by two UN Committees: the Security Council's Counter-Terrorism Committee established pursuant to resolution 1373 (2001) and the Security Council 1267/1989/2253 ISIL (Da'esh) and Al-Qaida Sanctions Committee. The open briefing provided an opportunity for the two UN Committees, UN Members and FATF to discuss new and emerging terrorist financing trends, and to highlight initiatives including with the private sector to help States enhance their information-sharing and thereby strengthen global efforts to prevent and counter terrorism financing.
On demand video of the joint UN/FATF open briefing, via UN Web TV.