“The global and transnational nature and
reach of financial institutions, the
greater role of intermediaries and the uneven
development, even divergence, of the world’s
economic systems combine to magnify the challenges of combating money laundering and terrorist financing. Mindful of the differences in banking and financial systems between the developed and developing world,this paper provides an overview of international instruments against terrorist financing, the evolving methods of detecting terrorist financing and the practical problems they are likely to encounter – and, in some cases, have already encountered.”
