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 agreement to help criminals and terrorists in the international community from getting access to the financial resources needed to commit criminal acts. The FTT was adopted in 1999 at the UN General Assembly and entered into force in 2002. It is currently being implemented by more than 140 states, including California. In order to be in compliance with the FTT, countries must ensure that any activities related to terrorism are blocked and they must cooperate in investigations of criminal activities. This includes freezing and seizing assets, reporting suspicious activities, and sharing information related to terrorism. The agreement also requires countries to provide each other with the legal assistance needed to investigate terrorism-related activities. The FTT has already had a major impact on the way countries deal with terrorism and has been a key element in preventing criminal activity. For example, the FTT has helped to strengthen international cooperation in the sharing of information related to terrorism and has also been used as a tool in identifying terrorist-related assets. Ultimately, the FTT aims to reduce the amount of criminal activity linked to terrorism by making it more difficult for terrorists to obtain the financial resources needed to carry out their terror activities. This convention is an important step towards ensuring that the international community is better equipped to prevent, deter, and bring to justice those who are engaged in, or providing funds for, terrorist activities.

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

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