On May 19, during the No Money for Terror Conference in Paris, the Egmont Group Chair, Elżbieta Franków-Jaśkiewicz, contributed to discussions on evolving terrorist financing risks and the growing intersection with organised crime. The previous day, on May 18, a dedicated session organized by Tracfin brought together French authorities and obliged entities to strengthen public-private partnerships in countering the financing of terrorism.
The importance of international cooperation frameworks was underscored by President Emmanuel Macron, who highlighted the role of the Financial Action Task Force (FATF) and the Egmont Group in strengthening the global response to terrorist financing.
A consistent message emerged during the ministerial conference: effective responses depend on trusted, secure, and timely cooperation between Financial Intelligence Units (FIUs).
FIUs play a critical role in identifying and disrupting the financial networks that enable terrorism by detecting suspicious patterns, tracing illicit flows, and uncovering cross-border connections through the secure exchange of financial intelligence.
As terrorist financing risks continue to evolve, including through new technologies and financial channels, strengthening cooperation remains essential.
Through secure information exchange, joint analysis, and capacity building, the Egmont Group continues to support practical cooperation and strengthen the global response to these evolving threats.
The Egmont Group extends its sincere appreciation to the French authorities, in particular Tracfin and its Director, Antoine Magnant, for convening these important discussions.
Working together, the international community can better connect the dots and disrupt the financial infrastructure behind terrorism.
