For 15 years, efforts to tackle terrorist finance have been long on words and short on action. The recently published 2016 Regional Risk Assessment on Terrorism Financing 2016 for Southeast Asia and Australia suggests that at last global edicts are being operationalised locally, writes Tom Keatinge, Director, Centre for Financial Crime and Security Studies, at the defence and security think-tank RUSI.
Bodies such as FATF and the UN need to encourage greater focus on implementing policies with the help of countries such as Australia, the UK and France. They have a vested interest in strengthening the understanding and capacity of ‘upstream’ countries where effectiveness and implementation remain low. The Regional Risk Assessment on Terrorism Financing for Southeast Asia and Australia provides a model of collaboration and analysis that others would be well advised to follow.
For the full article visit the Royal United Service Institute for Defence and Security Studies, RUSI website.
