FATF in Combating the Financing of Terrorism
https://doi.org/10.24833/2071-8160-2014-1-34-88-96
Abstract
The article examines the FATF specific approach to the problem of terrorism financing. The FATF essence, content of the activity and influence levers are also analyzed within the article. It is shown that the FATF has reviewed the problem of terrorism financing in the broadest perspective, having engaged simultaneously and consistently mechanisms for combating money laundering and terrorism financing. The Task Force has greatly contributed to building of the world counter-terrorism financing system through forming the legal and institutional basis as well as through interaction with all the possible participants and actors of world politics in this area. Moreover, the FATF has succeeded in geographical expansion of the FATF influence from the original 16 to187 jurisdictions by promotion of FATF-style regional bodies establishment. Particular attention is drawn to the unique features of the FATF Recommendations in comparison with the earlier issued sources of international law, which define the international counter-terrorism financing regime. The author believes that one of the advantages of the FATF as an institute within the counter-terrorism financing system among others is the informal status of the FATF, which provides its flexibility and high ability to respond quickly and in a timely manner to evolving nature of money laundering and terrorism financing as well as emerging threats.
References
1. Глобальная контртеррористическая стратегия ООН. 8 сентября 2006 г. [Электронный ресурс] // Официальный сайт ООН. Режим доступа: http://www.un.org/russian/terrorism/strategy_resolution.shtml, (дата обращения: 20.05.2013 г.).
2. Добаев И. Особенности финансирования террористических структур на Северном Кавказе / И. До-баев, А. Добаев, Д. Умаров // Мировая экономика и международные отношения. 2013. №4. С. 79-86.
3. Международная Конвенция ООН о борьбе с финансированием терроризма. Нью-Йорк, 9 декабря 1999 г. [Электронный ресурс] // Официальный сайт ЕАГ. Режим доступа http://eurasiangroup.org/ru/ restricted/international_conv.pdf, (дата обращения: 20.05.2013 г.).
4. Резолюция 1373 (2001), принятая Советом Безопасности на его 4385 - м заседании. 28 сентября 2001 г. [Электронный ресурс] // Официальный сайт ООН. Режим доступа http://www.un.org/russian/documen/ scresol/res2001/res1373.htm, (дата обращения: 20.05.2013 г.)
5. Basel Core Principles for Effective Banking Supervision. December, 2011 // Official Web Site of Basel Committee on Banking Supervision. Available at: http://www.bis.org/publ/bcbs213.pdf (accessed 21 May 2013).
6. Ehrenfeld R. The Narco - Terrorism Phenomenon / R. Ehrenfeld // Confronting Terrorism Financing / American Foreign Policy Council. Washington D. C. : University Press of America, 2005, pp. 12-23.
7. FATF Public Statement. October 22, 2010 // FATF Official Web Site. Available at: http://www.fatf-gafi.org/ documents/repository/fatfpublicstatement-22october2010.html (accessed 21 May 2013).
8. FATF Statement. February 28, 2008 // FATF Official Web Site. Available at: http://www.fatf-gafi.org/documents/ repository/name,1981,en.html (accessed 21 May 2013).
9. Guidance to Financial Institutions on the Money Laundering Threat Involving the Republic of Uzbekistan. FIN-2008-A004. March 20, 2008 // Department of the Treasury Financial Crimes Enforcement Network. Available at: http://www.fincen.gov/statutes_regs/guidance/pdf/fin-2008-a004.pdf (accessed 21 May 2013).
10. Guidance to Financial Institutions on the Money Laundering Threat Involving the Republic of Uzbekistan. FIN-2009-A004. July 10, 2009 // Department of the Treasury Financial Crimes Enforcement Network. Available at: http://www.fincen.gov/statutes_regs/guidance/html/fin-2009-a004.html (accessed 21 May 2013).
11. Gurulé J. Unfunding Terror: The Legal Response to the Financing of Global Terrorism / J. Gurulé. Cheltenham: Edward Elgar Publishing, 2010. 425 p.
12. Insurance Core Principles and Methodology. October, 2003 // Official Web Site of International Association of Insurance Supervisors (IAIS). Available at: http://www.iaisweb.org/ temp/Insurance_core_principles_ and_methodology.pdf (accessed 21 May 2013).
13. International standards on combating money laundering and the financing of terrorism & proliferation. The FATF Recommendations. February, 2012 // FATF Official Web Site. Available at: http://www.fatf-gafi. org/media/fatf/documents/recommendations/pdfs/FATF_Recommendations.pdf (accessed 21 May 2013).
14. Koh J-M. Suppressing Terrorist Financing and Money Laundering / J-M. Koh. Berlin : Springer, 2006. 262 p.
15. Methodology for assessing technical compliance with the FATF Recommendations and the effectiveness of AML/CFT systems. February, 2013 // FATF Official Web Site. Available at: http://www.fatf-gafi.org/media/fatf/ documents/methodology/FATF%20Methodology%2022%20Feb%202013.pdf (accessed 25 March 2013).
16. Objectives and Principles of Securities Regulation. May, 2003 // Official Web Site of International Organization of Securities Commission (IOSCO). Available at: http://www.sc.com.my/eng/html/iaffairs/ioscoreport/ ObjectivesPrinciples.pdf (accessed 25 March 2013).
17. Schneider F. The hidden financial flows of Islamic terrorist organizations: Some preliminary results from an economic perspective / F. Schneider. 2002. Available at: http://www.econ.jku.at/members/Schneider/files/ publications/financeterror.PDF (accessed 24 December 2012).
18. Suppressing the Financing of Terrorism: A Handbook For Legislative Drafting / Ed. by Gottselig G., Gleason P. Washington D.C. : International Monetary Fund, Legal Department, 2003. Available at: www.imf.org/ external/pubs/nft/2003/sfth/pdf/SFTH.pdf (accessed 23 December 2012).
19. Terrorism Financing and State Responses: A Comparative Perspective / Ed. by Giraldo J. K., Trinkunas H. A. Stanford : Stanford University Press, 2007. 365 p.
20. The Review of the Standards - Preparation of the 4th Round of Mutual Evaluations. January 7, 2011 // FATF Official Web Site. Available at: http://www.fatf-gafi.org/dataoecd/3/30/46266717.pdf (accessed 17 December 2012).
21. UN Instruments and Other Relevant International Standards on Money-Laundering and Terrorist Financing // UNODC Official Web Site. Available at: http://www.unodc.org/unodc/en/money-laundering/Instruments-Standards.html (accessed 21 May 2013).
Review
For citations:
Melkumyan K.S. FATF in Combating the Financing of Terrorism. MGIMO Review of International Relations. 2014;(1(34)):88-96. (In Russ.) https://doi.org/10.24833/2071-8160-2014-1-34-88-96
Views:
1487
Email this article 