Money laundering occurs when criminals disguise their wealth and assets’ illegal origins to avoid suspicion from law enforcement agencies and prevent incriminating evidence.
Terrorist financing funds terrorist activity. While terrorists are not greatly concerned with disguising their money’s origin, they take steps to conceal its destination and purpose. Therefore, the money may come from legitimate sources, but terrorists and terrorist groups can also finance illegal activities.
Preventing and detecting money laundering can effectively assist with identifying criminals and terrorists and how they obtained their funds. Applying intelligence and investigative techniques can help detect and disrupt terrorist activity.
Important instruments and international standards can be found in the Resources section.
