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 established to prevent the flow of funds to terrorist networks. It was adopted in 1999 by the U.N. General Assembly and entered into force in 2002. The FTT is legally binding in the sense that all signatory states must enact, enforce, and maintain laws that criminalize the financing of terrorism. The FTT requires that participating states criminalize providing funds or other resources to individuals or groups for the purpose of committing criminal acts of terrorism, as well as the act of laundering money for the purpose of terrorism. It also requires signatory states to cooperate in the investigation, prosecution, and punishment of persons responsible for financing terrorism. The FTT is an important part of the international legal framework for the prevention of terrorism. It is the first legally binding instrument to address the issue of terrorist financing. It is also an important tool used by signatory states to investigate and prosecute individuals or groups who attempt to finance terrorist activities. In Indiana, the International Convention for the Suppression of the Financing of Terrorism is incorporated into state law. Indiana has adopted comprehensive laws that criminalize the financing of terrorism, cover all forms of terror-related activities, and impose harsh punishments on those found guilty. Additionally, Indiana has put into place strict anti-money laundering laws to ensure that individuals and organizations do not provide funds to terrorist organizations.

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

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