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 treaty that was created to help combat terrorism by targeting the financing of terrorist activities. The treaty was adopted by the United Nations General Assembly in December 1999 and came into force in 2002. The FTT seeks to prevent terrorist attacks by cutting off any sources of funding used to finance terrorist activities. It does this by criminalizing certain aspects of financial support, such as collecting or providing resources, as well as by working to ensure that any funds collected are not directed toward terrorism-related activities. The FTT also requires states to cooperate in the effort to prevent terror activity by sharing information about suspected sources of funding and prohibiting the laundering of monies associated with terrorism. The FTT has been ratified by over 120 countries, including South Carolina. In South Carolina, the FTT is enforced by the South Carolina Department of Law Enforcement and works in conjunction with the federal terrorism laws. Violations of the FTT are punishable under both state and federal law. The FTT is a powerful tool in the fight against terrorism and works in conjunction with other preventative measures, such as enhanced screening, to make it more difficult for terrorists to acquire the resources needed to carry out their attacks.

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

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