Ways Of Combating Financing Terrorism
Financing terrorism read more here can also refer to giving the individual terrorist funds or supporting them financially who avoid being caught by the authorities by using techniques like that of money launders; these funds may have been raised from legitimate sources like donations, charity organizations or may also be raised from criminal sources such as drug smuggling to them carry out terrorist activities. The first step to undergo when one wants to finance terrorism is fundraising process where funds are raised from different sources such as donations from charity organizations, criminal activities such as drug smuggling and self-funding to be able to have enough money to fund the terrorists. Another step involved in the financing of terrorism is transferring of funds to the terrorist cell, terrorist organization or terrorist network. There are several ways that government and other anti-terrorism movements view here! have come up with in order to combat this financing terrorist activity and one of them is passing legislation specifically to criminalize the terrorist activities that include their ways if getting funds to carry out their activities and those who are found violating the law should be arrested immediately and taken into custody. Another way of combating financing terrorism is by freezing terrorism financiers accounts that will stop them from carrying out the transaction of funds to the tourists organizations, center or cells. Another way through which financing terrorism can be prevented is reporting of any suspected transaction done in various financial institutions so that the authority can track down the terrorism financiers. Another way of combating financing terrorism is by banning of all the illegal businesses such as drug smuggling, carried out by some of the terrorism financiers to raise money that is later used to fund the terrorists. The first challenge faced by the government and another anti-terrorism when combating financing terrorism is, the terrorist know all the plans of the government enabling them to also find ways of running away before the authority find them; this has given view here for more the government and the anti-terrorism organization hard time in trying to combat financing terrorism. The second challenge that the government and another anti-terrorism read more now face when combating financing terrorism is, the terrorism financiers do not use ordinary banking systems during the transaction of their funds making it difficult for the authority and even the financial institution to notice their activities. The third challenge faced by the government and another anti-terrorism when combating financing terrorism is, the terrorism financiers raise some of their funds through legal ways that the authorizes cannot suspect them only to realize later that they were raising money for illegal acts. The fourth challenge faced when combating financing terrorism view more is that technology enhancement has facilitated the coordination of terrorism financing activities as they can transact money and cover up money laundering activities.