AMLCounterTerrorism
AMLCounterTerrorism refers to the comprehensive set of measures and strategies employed to combat terrorism by targeting its financial enablers. This approach is rooted in the understanding that terrorist organizations require funding to operate, recruit, train, procure weapons, and carry out attacks. Therefore, disrupting the flow of illicit money is seen as a critical component of counter-terrorism efforts.
The core of AMLCounterTerrorism lies in Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations and practices.
International cooperation is a vital aspect of AMLCounterTerrorism. Terrorist networks often operate across borders, necessitating collaboration
Beyond traditional financial institutions, AMLCounterTerrorism efforts increasingly focus on emerging areas such as virtual assets and