Security Council - Counter-Terrorism Committee (CTC) - terrorism financing

Joint special meeting on terrorist financing assesses risks and identifies way forward

BMUSONI — Wed, 14 Dec 2016 10:18:00 +0000

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A growing number of United Nations Member States are assessing specific terrorist financing risks and the vulnerability of their financial and economic sectors to terrorist financing. Also Member States that are not at high risk in terms of terrorism more broadly may still present a risk regarding the financing of terrorism. While terrorist entities and individuals are still relying on traditional forms of terrorist financing such as cash or money remitters, these groups are also utilizing the Internet and other forms of information and communication technologies to access, raise, and move funds.

These were some of the key themes raised in a joint special meeting of the Security Council Counter-Terrorism Committee, the 1267/1989/2253 ISIL (Da’esh) and Al-Qaida Sanctions Committee, together with the Financial Action Task Force (FATF), organized at the United Nations on 12 and 13 December 2016. Several tools already exist to counter terrorist financing, such as asset freezing requirements or information sharing mechanisms. The main challenge consists of implementing these tools effectively. The joint special meeting – held under the mandate of Security Council resolution 2253 (2015) on efforts to suppress terrorist financing, which expanded the sanctions framework to include ISIL (Da’esh) – provided an important forum for Member States and other actors to share practices and lessons learned that can guide the way forward in this area.

Documents

Draft concept note and agenda

Logistical note

Statements

Message by the Secretary-General to Joint special meeting of the Counter-Terrorism Committee and the 1267/1989/2253 ISIL (Da’esh) and Al-Qaida Sanctions Committee, with the Financial Action Task Force (FATF), on “Depriving terrorist groups from accessing, raising, and moving funds: Practices and lessons learned” (New York, 12 December 2016)

Closing remarks by Chair of the Counter-Terrorism Committee to Joint special meeting of the Counter-Terrorism Committee and the 1267/1989/2253 ISIL (Da’esh) and Al-Qaida Sanctions Committee, with the Financial Action Task Force (FATF), on “Depriving terrorist groups from accessing, raising, and moving funds: Practices and lessons learned” (New York, 13 December 2016)

Opening remarks by Chair of the Counter-Terrorism Committee to Joint special meeting of the Counter-Terrorism Committee and the 1267/1989/2253 ISIL (Da’esh) and Al-Qaida Sanctions Committee, with the Financial Action Task Force (FATF), on “Depriving terrorist groups from accessing, raising, and moving funds: Practices and lessons learned” (New York, 12 December 2016)

Statement by FATF President Juan Manuel Vega-Serrano, 12 December 2016 — Download here

Statement by Dmitry V. Feoktistov, Deputy Director of the Department on New Challenges and Threats of the Ministry of Foreign Affairs of the Russian Federation

Media

Press release

Joint special meeting of the Counter-Terrorism Committee and the 1267/1989/2253 ISIL (Da’esh) and Al-Qaida Sanctions Committee, with the Financial Action Task Force (FATF): Depriving terrorist groups from accessing, raising, and moving funds: Practices and lessons learned (13 December 2016: Sessions V and VI)

Presentation slides

2016-12-12-Session II 1130-1300 Andrey Seleznev EAG

2016-12-12-Session II 1130-1300 Philippe de Koster CTIF-FI

2016-12-12-Session-II-1130-1300-Sofia-Aisagaliyeva-Ministry-of-Finance-Kazakhstan

2016-12-12-Session III 1500-1630 Claudine Lamond AUSTRAC

2016-12-12-Session III 1500-1630 Kallina Simeonoff European Commission

2016-12-12-Session-IV-1630-1800-Israa-Abu-Shwimeh-Jordan

2016-12-12-Session IV 1630-1800 Stephane Sirard FINTRAC

2016-12-13-Session V 1000-1130 Amr Farouk EMLCU Egypt

2016-12-13-Session V 1000-1130 Giuseppina Daria Pellicano’ TFS Italy

2016-12-13-Session VI 1130-1300 Michelle Russell UK Charity Comission

2016-12-13-Session-VII-1500-1630-Francis-Usani-Nigeria

2016-12-13-Session VIII 1630-1750 Claudine Lamond, AUSTRAC

2016-12-13-Session VIII 1630-1750 Kallina Simeonoff, European Commission

Front Page Article:

PRESS RELEASE – United Nations Security Council – Two UN Security Council Committees and the Financial Action Task Force hold special meeting on depriving terrorist groups from accessing, raising, and moving funds

BMUSONI — Tue, 13 Dec 2016 10:18:00 +0000

Download the press release

(NEW YORK) Despite efforts by the international community to deprive terrorists and terrorist groups of financial resources and prevent them from accessing the international financial system, terrorist groups continue to find ways to raise and move funds. Of particular concern is the urgent need to improve implementation of existing mechanisms for identifying and disrupting terrorist financing to prevent returning foreign terrorist fighters (FTFs), dormant terrorist cells, and other terrorist support networks from accessing funds and assets.

“Combatting terrorism financing continues to be a priority for the international community, as notably demonstrated by last December’s historic Security Council meeting of Finance Ministers. In adopting its resolution 2253, the Council reaffirmed its determination to address the threat posed to international peace and security by Al-Qaida, ISIL, and their affiliates,” Ambassador Amr Aboulatta, Chairman of the Counter-Terrorism Committee (CTC) said in his opening remarks of the joint special meeting organized and chaired by the Security Council 1267/1989/2253 ISIL (Da’esh) and Al-Qaida Sanctions Committee and the CTC , in cooperation with the Financial Action Task Force (FATF), and held in New York on 12-13 December 2016.

The purpose of the special meeting – Depriving terrorist groups from accessing, raising, and moving funds: Practices and lessons learned.” – was to build on the outcomes of the Security Council meeting of December 2015, as well as on a similar joint meeting held in April 2016, and to examine national practices and regional initiatives to better implement relevant counter-terrorist financing instruments, including the related resolutions of the Council. It also enabled the two committees, Member States, and relevant international and regional organizations to continue their discussions of terrorism-financing trends and to share practices and effective tools to deprive terrorists of financial resources.

Front Page Article:

Joint special meeting of the Security Council Counter-Terrorism Committee, the 1267/1989/2253 ISIL (Da’esh) and Al-Qaida Sanctions Committee, and the Financial Action Task Force on Depriving terrorist groups from accessing, raising, and moving funds: Prac

BMUSONI — Tue, 13 Dec 2016 09:18:00 +0000

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#StopTerrorFinance

Despite efforts by the international community to deprive terrorists of the resources needed to commit terrorist acts, terrorist groups continue to find ways to raise and move funds, including through the use of information and communication technologies (ICT). Of particular concern is the urgent need to develop means to prevent returning foreign terrorist fighters (FTFs) and dormant terrorist cells from accessing funds and assets.

On 17 December last year, the Security Council – represented by their Member States’ Ministries of Finance – for the first time in its 70 year history, held a special meeting on combatting all forms of terrorist financing. In its meeting, the Council adopted resolution 2253, which inter alia called for strengthened international efforts to detect and disrupt terrorist groups’ funding flows.

As part of this work, the Counter-Terrorism Committee, the 1267/1989/2253 ISIL (Da’esh) and Al-Qaida Sanctions Committee, and the Financial Action Task Force (FATF) will organize a joint special meeting on “Depriving terrorist groups from accessing, raising, and moving funds: Practices and lessons learned.” Taking place at United Nations headquarters on Monday 12-Tuesday 13 December 2016 in Conference room 2, the special meeting is open to Member and Observer States, members of the media including photographers with valid accreditation, United Nations staff and interns, UN entities, intergovernmental organizations, and specialized agencies, as well as invited guests with a valid UN grounds pass. The event will be webcast at webtv.un.org.

Additional details can be found below. A press release issued immediately following an open briefing on a similar theme held in April 2016 can be found here.

Documents

Draft concept note and agenda

Logistical note

Statements