The Financial Action Task Force (FATF) published an update on strengthening efforts to combat terrorist financing, highlighting the strategic use of financial intelligence and its work supporting more than 200 jurisdictions across its Global Network to build and improve counter-terrorist financing (CFT) measures. The note links its increased emphasis on effectiveness to findings from mutual evaluations, which have identified gaps in countries’ CFT frameworks, and points to FATF guidance on terrorist financing risk designed to support evaluation experts. It also flags evolving risk areas FATF has worked on over the past decade, including abuse of social media, crowdfunding and virtual assets, and condemns the terrorist attack in Pahalgam on 22 April 2025. FATF said it will soon release a comprehensive analysis of terrorist financing based on cases provided by its Global Network and will host a webinar to help public and private sector participants understand risks and stay alert to emerging threats.
Financial Action Task Force 2025-06-15
Financial Action Task Force announces forthcoming terrorist financing case analysis and webinar to strengthen counter-terrorist financing effectiveness
The Financial Action Task Force (FATF) updated its efforts to combat terrorist financing, emphasizing financial intelligence and support for over 200 jurisdictions to enhance counter-terrorist financing (CFT) measures. The update highlights gaps in mutual evaluations, evolving risks like social media and virtual assets abuse, and condemns the recent terrorist attack in Pahalgam. FATF plans to release a comprehensive analysis of terrorist financing and host a webinar to aid public and private sectors in understanding emerging threats.