Countering the Financing of Terrorism (CFT)

Terrorism and terrorist financing are significant problems all over the world. If the financing of terror cannot be prevented, this has big negative consequences. The financing of terrorism is the financing required by terrorists to carry out terrorist acts. Terrorists provide this funding through donations, money laundering, and drug trafficking. Terrorist funding must be prevented to end terrorism. Terror financing is mostly provided through financial systems. Financial institutions assist terrorism if the offender does not take the necessary measures. Therefore, companies aim to protect themselves from this crime by taking precautions.