Title: How Terrorists Move Funds Through the Global Financial System | Osen LLC
Headings: How Terrorists Move Funds Through the Global Financial System
How Terrorists Move Funds Through the Global Financial System
Charitable Fronts
State Sponsors of Terrorism
Hawala
An Ever-changing, Ever-Growing World of Risk

Content: For example, the New York State Legislature continues to consider a bill aimed at prohibiting funding of terrorist activities through donations to not-for-profit organizations. The United Nations Counter-Terrorism Security Committee also continues to explore ways of addressing threat finance risks to the charitable and not-for-profit sectors. Donations to purported charitable organizations have also been cited as fueling the continuing violent sectarian conflict in Syria, with millions of dollars from Gulf Charities being traced to Salafi militants waging a bitter civil war in that country. State Sponsors of Terrorism
According to the U.S. State Department , the Islamic Republic of Iran remains the most active state sponsor of terrorism. Through its Islamic Revolutionary Guard Corps (IRGC) and its Ministry of Intelligence and Security (MOIS), Iran is directly involved in planning and supporting terrorist acts. Iran also continues to exhort a variety of groups, especially Palestinian terrorist groups like Palestinian Islamic Jihad (PIJ) and Hamas, to employ terrorism in pursuit of their goals. Iran’s Supreme Leader Ali Khamenei and former President Mahmoud Ahmadinejad have repeatedly praised Palestinian terrorist operations. Iran also provides Hezbollah and Palestinian terrorist groups with extensive funding, training, and weapons. Iranian control over Hezbollah is particularly direct and is exercised through various individuals and institutions, primarily through senior Iranian clerics and Iran’s MOIS, IRGC and elite Qods Force. Syria has also been designated by the United States as a state sponsor of terrorism.