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Today, Monday، 23 Dec 2024 - 00:09
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Acronym Finder

What is CFT ?

Counter Financing of Terrorism

The financing of terrorism to the activities that the financial support for individuals or terrorist groups, provides be communicated. State that the list for terrorist organizations, there are usually laws as well as for the Prevention of money laundering money that is spent on the financing of these organizations can be adopted.

laws against money laundering and the financing of terrorism around the world is used. In the state of USA, Act Patriot Act after the attacks of September 11, the adoption was up to the state power fight against money-laundering to monitor financial organizations give. Patriot Act after the adoption caused controversy, and debate a lot in the United States. Also, the United States, with the United Nations to establish a program to track financial terrorist cooperation.

the rules came into being, the financing of terrorism and money laundering to neutralize the formation. In the beginning, focus on combating the financing of terrorism CFT (
CFT