Terrorist Finance (merged thread)

[davidbfpo]

Professor Peter Neumann, Kings College London ICSR, has a scathing review of CT financing activity in Foreign Affairs 'Don't Follow the Money: The Problem With the War on Terrorist Financing'

Here is one passage:

More than a decade and a half into the war on terrorist funding, policymakers must recognize the drawbacks of their current approach. Financial tools cannot stop lone attackers from driving cars into crowds, nor can they do much when groups such as ISIS hold territory and earn most of their income from within it. Policymakers need to acknowledge that the war on terrorist financing, as it has been conducted since 2001, has often been costly and counterproductive, harming innocent people and companies without significantly constraining terrorist groups’ ability to operate. Unless governments find ways to revolutionize how they share information with the financial sector, most of the current procedures for identifying suspicious transactions will continue to be little more than costly box-ticking exercises.

Link:https://www.foreignaffairs.com/articles/2017-06-13/dont-follow-money?

Quite a few sources cited appear here already.