ABSTRACT

Following the Terrorist Informal Money Trail: The Hawala Financial Mechanism   [open pdf - 113KB]

Since 9/11, investigations into the al Qaeda financial network have led to several notable successes in the United States and Europe. Much of this achievement in the United States has resulted from strengthening the financial investigatory powers of domestic law enforcement agencies and coordinating them through the Treasury Department's new Foreign Terrorist Asset Tracking Center. In other countries, the Paris-based Financial Action Task Force, for example, is helping to coordinate the tracking of terrorist funds through the global banking system and cracking down on countries that fail to improve transparency and regulation. These efforts are already proving useful in uncovering large-scale drug-trafficking and money-laundering operations. They have also helped reveal important information on terrorist groups, particularly those operating in the West.

Author:
Publisher:
Date:
2002-11-01
Copyright:
Public Domain
Retrieved From:
Naval Postgraduate School, Center for Contemporary Conflict: http://www.ccc.nps.navy.mil
Format:
pdf
Media Type:
application/pdf
Source:
Strategic Insights (November 2002), v.1 no.9
URL:
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