TERRORISM: Commentary on Security DocumentsVolume 106: Terrorist Financing and Money Laundering

Doug Lovelace is the Director of the Strategic Studies Institute at the US Army War College. Earlier in his military career, he worked on national security directives. He holds an MBA degree from Embry Riddle Aeronautical University and a JD from Widener School of Law.Kristen E Boon is Director of International Programs at Seton Hall University School of Law. Her writings have appeared in the Vanderbilt Journal of Transnational Law and the New York University Journal of International Law. A former clerk to the Supreme Court of Canada's Justice Ian Binnie, she holds an M.A. in Political Science from McGill University and a J.D. from New York University School of Law.Aziz Huq teaches at the University of Chicago Law School and was recently Director of the Liberty and National Security Project at NYU Law School's Brennan Center. He previously clerked for U.S. Supreme Court Justice Ruth Bader Ginsburg and served as Senior Consultant Analyst for the International Crisis Group.

• TERRORIST FINANCING AND MONEY LAUNDERING ; A. COUNTER-MEASURES ; 1. International Convention for the Suppression of the Financing of Terrorism: Resolution Adopted by the UN General Assembly, A/RES/54/109, February 25, 2000 ; 2. Resolution 1373 (2001) UN Security Council, S/RES/1373 (2001) September 28, 2001 ; 3. The Financial Action Task Force: An Overview CRS Report, RS21904, March 4, 2005 ; 4. Terrorist Financing: U.S. Agency Efforts and Inter-Agency Coordination: CRS Report, RL33020, August 3, 2005 ; 5. Council of Europe Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime and on the Financing of Terrorism Warsaw 2005 ; 6. Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the Prevention of the Use of the Financial System for the Purpose of Money Laundering and Terrorist Financing (Text with EEA Relevance) Official Journal L 309 , 25/11/2005 P. 0015 - 0036 November 25, 2005 ; 7. Saudi Arabia: Terrorist Financing Issues: CRS Report, RL32499, December 8, 2004 ; 8. The Kingdom of Saudi Arabia: Initiatives and Actions to Combat Terrorism, May 2009 ; B. ISSUES OF IMPLEMENTATION ; 1. Terrorist Financing: U.S. Agencies Should Systematically Assess Terrorists: Use of Alternative Financing Mechanisms: GAO Report 04-163, November 2003 ; 2. Combating Terrorism: Federal Agencies Face Continuing Challenges in Addressing Terrorist Financing and Money Laundering: GAO Report 04-501T, March 4, 2004 ; 3. Terrorist Financing: The 9/11 Commission Recommendation: CRS Report, RS21902, February 25, 2005 ; 4. Terrorist Financing: Better Strategic Planning Needed to Coordinate U.S. Efforts to Deliver Counter-Terrorism Financing Training and Technical Assistance Abroad: GAO Report 06-19, October 2005 ; C. MODEL LEGISLATION & PRINCIPLES FOR FURTHER LEGISLATION ; 1. FATF 40 Recommendations, June 20, 2003 ; 2. Financial Action Task Force on Money Laundering: Special Recommendations on Terrorist Financing, October 22, 2004 ; 3. Model Legislation on Money Laundering and Financing of Terrorism: United Nations Office on Drugs and Crime; International Monetary Fund, December 1, 2005 ; 4. Model Provisions on Money Laundering, Terrorist Financing, Preventive Measures and Proceeds of Crime (For Common Law Legal Systems) UN Office on Drugs and Crime; International Monetary Fund; Commonwealth Secretariat, April 2009