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 between countries to prevent money and financial resources from being used to finance terrorism acts. The FTT is a part of International Law and is enforced on a global scale. It was signed in 1999, and has been ratified by over 150 nations, including the United States and New Jersey. The convention outlines a series of measures that countries should take in order to prevent the financing of terrorist acts. These include measures to ensure that financial services are not used to finance terrorism, measures to control financial transfers, and measures to prevent the use of money to support terrorism activities. The convention also requires signatories to take steps to identify and prosecute individuals who finance terrorist acts. This includes the sharing of information between countries to ensure that sources of finance are identified and dealt with. The FTT has been successful in curbing the use of money and financial resources for terrorist activities. Many countries now require stricter regulations on the transfer of funds, as well as greater information sharing between countries to ensure that terrorist financing is prevented. This has helped to reduce the amount of money and resources available to terrorist groups, and has helped to increase security around the world.

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

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