Terrorist Financing

Terrorist Financing

The Failure of Counter Measures

Nick Ridley

For over a decade international efforts by law enforcement, government and financial regulatory authorities have been deployed in combatting terrorist financing, in good faith and with dedication beyond reproach. This book surveys the methods of financing of numerous terrorist groups and organisations – including the Chinese and Asian dimension – and considers why ultimately international efforts to combat the financing of terror are failing. Nick Ridley expertly illustrates the scale of the problem by first outlining the strategies of anti terrorist financing, the pre and post 9/11 differences in scope and extent of terrorist attacks, the financial support and the national and international efforts to implement and carry out countermeasures. He then goes on to set out a detailed analysis of the apparent failure of such counter measures to date.

Bibliography

Nick Ridley

Subjects: law - academic, finance and banking law, terrorism and security law, politics and public policy, terrorism and security

Extract

PRIMARY SOURCES AND OFFICIAL REPORTS ACFE, Report to the Nation: Occupational Fraud and Abuse (Association of Certified Fraud Examiners, Austin, Texas, 2002) — Report to the Nation: Occupational Fraud and Abuse (Association of Certified Fraud Examiners, Austin, Texas, 2007) AIVD Netherlands, The Radical Dawn of Transition: the Rise of Islamic Neoradicalism in the Netherlands (October 2007), available at www. aivd.nl/english/publications-press/@1712/theaivdobserver/ Al Qaeda in Yemen and Somalia: a Ticking Time Bomb, Report to the US Senate Foreign Relations Committee, 111th Congress, Second Session (US Government Printing Office, Washington, DC, 21 January 2010) Alexander, Y., The Consequences of Terrorism: an Update on al Qaeda and Other Terrorist Threats in the Sahel and the Maghreb (International Centre for Terrorism Studies, Potomac Institute for Policy Studies, Washington, DC, 2011) — Terrorism in North West and Central Africa: from 9/11 to the Arab Spring (International Centre for Terrorism Studies, Potomac Institute for Policy Studies, Washington, DC, 2012) Bricknell, S., McCusker, R., Chadwick, H., O. and Rees, D., Money Laundering and Terrorist Financing Risks to Australian Not for Profit Organisations, AIC Reports Policy and Research Series no. 114 (Australian Institute of Criminology, Canberra, 2011) Chanlett-Avery, E. et al, Terrorism in South East Asia, CRS Report for Congress 7-5700 RL34194 (11 October 2009) Council of Europe, Organised Crime Situation Report: Focus on the Threat of Economic Crime (Octopus Programme, 2005) European Commission, Green Paper on Combating Counterfeiting and Piracy in the Single Market, COM(98)569 final (1998) — Final Report on Responses to the European Commission Green Paper...