What is the International Convention for the Suppression of the Financing of Terrorism (FTT)?

The International Convention for the Suppression of the Financing of Terrorism (FTT) is an international agreement to prevent and combat the financing of terrorism. The Convention was adopted by the United Nations General Assembly in 1999 and went into force in 2002. It has been ratified by over 70 countries and regions, including the United States. The FTT sets out an international legal framework for criminalizing the financing of international or domestic terrorism. It criminalizes activities such as the collection or distribution of funds for terrorism, and obligates states to take appropriate measures to prevent and suppress the financing of terrorist acts. The convention also criminalizes the provision of safe-havens and other assistance to terrorists. The Convention requires states to make terrorist financing a serious criminal offense punishable by severe penalties. It also requires states to cooperate in the identification, tracing, and freezing of assets that may be used to finance terrorism. In addition to these measures, the Convention also establishes an international mechanism for states to exchange information related to terrorist financing. In Florida, the International Convention for the Suppression of the Financing of Terrorism has been implemented in both federal and state legislation. It is illegal to provide funds or other resources to terrorist organizations, or to receive funds for terrorist acts, and anyone found guilty of such activities may be subject to prosecution.

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What is the International Convention for the Suppression of the Financing of Terrorism (FTT)?

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