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 created to counter the financing of terrorism. The treaty was drafted in 1999 and came into force in 2002. It was created to prevent the funding of acts of terrorism, and to provide a framework for international cooperation in investigating and prosecuting acts of terrorism. Under the treaty, signatories agree to enact domestic legislation that criminalizes the financing of terrorism and makes it an offence to provide funds to individuals, organizations, or entities that are involved in terrorist activities. The treaty also allows for mutual legal assistance to be provided between states when it comes to investigating and prosecuting acts of terrorism, and allows for measures to be taken to freeze assets in order to prevent the financing of terrorism. South Dakota joined the treaty in 2002. To comply with the treaty, the state has enacted a number of laws that criminalize the financing of terrorism, including the South Dakota Terrorist Financing Act of 2002. Under the Act, it is a felony to provide funds to any person, group, or entity that is involved in terrorist activities, and those convicted can face up to twenty five years imprisonment. The International Convention for the Suppression of the Financing of Terrorism provides an important framework for international cooperation in the fight against terrorism. By joining the treaty, South Dakota has taken an important step in ensuring the safety of its citizens and in deterring terrorist activities.

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

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