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 important international law intended to prevent and reduce the financing of terrorist activities. It was adopted by the United Nations General Assembly in 1999 and entered into force in 2002. The FTT has 38 signatories and is subject to ratification by all states that are members of the United Nations. The FTT obligates signatories to criminalize the provision of funds, property, or services to terrorists or terrorist organizations. It also requires signatories to take other measures to prevent the financing of terrorism, such as freezing assets, providing financial information to other countries, and monitoring the activities of financial institutions. In Tennessee, the FTT is enforced by the Tennessee Bureau of Investigation and the Department of Homeland Security. The State Banking Commission is also responsible for ensuring compliance with the FTT. In addition, the Department of Justice has established a program to help investigate and prosecute cases of terrorism financing. The FTT is an important international agreement intended to reduce the financing of terrorism and make it more difficult for terrorists to use financial resources to support their activities. It is an important part of the international legal framework aimed at helping to protect citizens from terrorism.

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

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