International and European regional organizations are playing an important role in combating terrorist financing. Underneath news reports of transatlantic tensions and arguments is a significant and largely successful multilateral effort, one that forms the basis for a common international approach to the problem. This book explains how use of common conventions, standards (e.g., the Financial Action Task Force's standards), and approaches by many different international, regional, and specialized institutions is a major step forward in the fight. Author Anne Richard recommends expanding and deepening these efforts across Europe and in neighboring regions. The book also calls for improving methods used to fight terrorist financing.
Anne C. Richard is non-resident fellow of the Center for Transatlantic Relations and vice president of government relations and advocacy for the International Rescue Committee.