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 adopted by the United Nations in 1999. The FTT seeks to eliminate the threat of financial terrorism by criminalizing the financing of terrorism and requiring countries to cooperate with one another in investigating and prosecuting suspected terrorist activities. The FTT contains a number of provisions that seek to prevent terrorist financing. It requires countries to criminalize the act of providing, collecting, or holding funds intended to be used for terrorist purposes. It also requires countries to cooperate with one another in investigating and prosecuting suspected terrorist finance activities. The FTT also imposes sanctions on financial institutions that have been found to be knowingly engaged in the financing of terrorism. In New Mexico, the FTT is enforced by the US Department of Justice. The Department of Justice works with state and local law enforcement agencies to investigate and prosecute those who are suspected of financing terrorism. In addition, the Department of Justice works with financial institutions in New Mexico to ensure that they are complying with the regulations of the FTT. The FTT is an important step towards eliminating the threat of financial terrorism. It requires countries to cooperate with one another in combating this activity and holds financial institutions accountable for their actions. The FTT is an important part of the international legal framework for the suppression of the financing of terrorism.

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