Terrorist Financing

Objectives

When you have completed this course, you will be able to:

• Define what terrorist financing is
• Know the main difference between terrorist financing and money laundering
• Describe the primary characteristics of terrorist groups
• Understand how funds are used by terrorists
• Describe where terrorists get their funds and how they transfer them
• Refer to situations describing how financial and non-financial organizations are used for terrorist financing
• Understand ways to spot unusual behavior and activity
• Describe the importance of putting AML/CTF legislation and controls in place to lessen the risk of abuse by terrorist financing activity