Countering the Financing of Terrorism in the International Community
©2018
Monographs
168 Pages
Summary
Terrorist attacks in Norway, Germany, Belgium, Holland, France and Turkey showed that Europe faces new security challenges. Based on their purpose, terrorist organisations vary widely: They range from large state-like structures to small, decentralised and self-directed networks. How these networks develop and maintain depends to a large degree on their financial sources and funding. The authors look at those aspects of terrorism. They analyse different methods of funding – how terrorist organisations, terrorist cells and individuals raise, move and spend money to support or carry out terrorist activities. The study also takes international responses into account to combat the funding of terrorism.
Excerpt
Table Of Contents
- Cover
- Title
- Copyright
- About the author
- About the book
- This eBook can be cited
- Table of Contents
- Acronyms and Abbreviations
- Introduction
- Chapter I. “Know The Terrorist Threat”
- 1. Know Your Terrorist Organization
- 1.1 Mapping of Terrorist Organization and Ways of Financing Terrorist Organization
- 1.1.1 Africa’s Active Militant Islamist Groups
- 1.1.2 Middle East’s Political/Terrorist or Resistance Movements
- 1.1.2.1 Hamas
- 1.1.2.2 Hezbollah
- 1.1.2.3 From “Jama’at Al-Tawhid Wal-Jihad” to Islamic State of Iraq and the Levant
- 1.1.2.3.1 Financing Strategy of ISIL
- 1.1.3 Terrorism in Europe
- 2. A Need for Financing Terrorist Activities
- 2.1 A Need for Financial Resources of Terrorist Organization
- 2.2 The Emergence of New Actors of Terrorism and Their Need for Financial Resources
- 2.2.1 Financing of Terrorist Cells
- 2.2.2 The Emergence of Lone Wolves
- 2.2.3 The Old-New Phenomenon – Foreign Terrorist Fighters
- 3. Phases of Financing Terrorist Activities
- 3.1 Sources of Financing
- 3.1.1 Illegal Sources of Financing
- 3.1.1.1 The Connection Between Terrorism and Organized Crime
- 3.1.1.2 Financing Terrorism Through Money Laundering
- 3.1.2 Legal Sources of Financing
- 4. Interest-Free (Islamic) Finance Institutions and Banking System
- 4.1 Historical Roots of Interest-Free (Islamic) Finance Institution and Banking System
- 4.2 Tools of Interest-Free (Islamic) Finance Institution and Banking System
- 4.3 Issues in Interest-Free (Islamic) Financial System Related With Financing Terrorism
- 4.4 Zakat – Between Religion and Terrorism (Example of Saudi Arabia)
- 5. The Cyber Threat to the Banking Sector
- 5.1 Overview of E-Banking Services
- 5.1.1 Phone Banking
- 5.1.2 Online Banking
- 5.1.3 Internet Banking
- 5.1.4 Mobile Banking [Wireless Application Protocol (WAP) Banking]
- 5.1.5 New Forms of Distribution of Banking Services
- 5.2 Determined Risks Due to the Use of E-Banking Services
- 5.2.1 Internet Fraud
- 5.2.1.1 Identity Theft
- 5.2.1.2 Identity Fraud and Social Engineering
- 5.2.1.3 Mass-Marketing Fraud-Phishing
- 5.2.1.4 Nigerian Fraud
- 5.2.2 Harmful Software (Malware)
- 5.2.2.1 Intercepted Communication
- 5.2.3 Payment Card Fraud
- 5.2.4 Distributed Dental of Attack on the Work of the Banking Information System (DDoS Attacks)
- 5.2.4.1 Attacks on the Banks
- 5.3 Protection of the Bank Information Infrastructure
- 6. Money Transfer Methods for Terrorism Financing
- 6.1 Using the Financial Sector for Transferring Funds for Terrorism Financing
- 6.2 Courier Service for Transferring Cash and High Value Goods
- 6.3 Informal Money Transfer System for Terrorism Financing – “Hawala”
- Chapter II. International Response to the Financing of Terrorism
- 1. United Nations
- 2. Council of Europe
- 3. European Union
- 4. Financial Action Task Force (FATF) and FATF Style Regional Bodies (FSRBs)
- Chapter III. The Role FININT Can Play
- 1. Legislative Framework
- 2. The Role of Obligated Entities (Financial and Non-Financial Institutions)
- 2.1 Customer Analysis
- 2.1.1 Customer Profiling
- 2.1.2 Monitoring Suspicious Transactions and Submitting STR
- 3. Financial Intelligence Unit
- 3.1 Models of the FIU
- 3.1.1 Administrative Model of the FIU
- 3.1.2 Law Enforcement Model of the FIU
- 3.1.3 Judicial Model of the FIU
- 3.1.4 Hybrid Model of the FIU
- 4. Core Functions of FIUs
- 4.1 Receiving and Analyzing Suspicious Transactions Reports on Money Laundering and Terrorist Financing
- 4.2 Tactical Analysis
- 4.3 Strategic Analysis
- 4.4 Dissemination of Reports
- 4.5 Postponing and Freezing Suspicious Transactions
- 4.6 Monitoring of Customer’s Business Relations
- List of Figures
- List of Tables
- List of Photos
- Bibliography
Details
- Pages
- 168
- Publication Year
- 2018
- ISBN (PDF)
- 9783631764152
- ISBN (ePUB)
- 9783631764169
- ISBN (MOBI)
- 9783631764176
- ISBN (Hardcover)
- 9783631764138
- DOI
- 10.3726/b14508
- Language
- English
- Publication date
- 2018 (December)
- Keywords
- Phases of Financing Terrorist Activities Islamic Banking International Response to Financing Terrorism Financial Intelligence Units
- Published
- Berlin, Bern, Bruxelles, New York, Oxford, Warszawa, Wien. 2018. 168 p., 36 b/w ill., 3 b/w tab.
- Product Safety
- Peter Lang Group AG