Press Release: Commission presents Action Plan to strengthen the fight against terrorist financing

On 2 February 2016 the European Commission presented an Action Plan to strengthen the fight against the financing of terrorism.

The Action Plan will focus on two main strands of action, i.e. tracing terrorists through financial movements and preventing them from moving funds or other assets and disrupting the sources of revenue used by terrorist organisations, by targeting their capacity to raise funds.

• Primary Source

ESO: Background information: European Agenda on Security - State of Play http://www.europeansources.info/record/european-agenda-on-security-state-of-play/

European Commission: DG Communication: RAPID, MEMO/16/209, 02.02.16: Questions and Answers: Action Plan to strengthen the fight against terrorist financing http://europa.eu/rapid/press-release_MEMO-16-209_en.htm

European Commission: DG Communication: RAPID, SPEECH/16/217, 02.02.16: VP Dombrovskis on Action Plan to Fight terrorism financing, the Schengen Evaluation Report on Greece and Portugal's Draft Budgetary Plan http://europa.eu/rapid/press-release_SPEECH-16-217_en.htm

EurActiv, 02.02.16: More time needed for new anti-terrorism financing measures http://www.euractiv.com/sections/euro-finance/more-time-needed-new-anti-terrorism-financing-measures-321481

ESO: Background information: Tougher rules on money laundering to fight tax evasion and terrorist financing http://www.europeansources.info/record/press-release-tougher-rules-on-money-laundering-to-fight-tax-evasion-and-terrorist-financing/

EurActiv, 10.02.16: France, Germany press Brussels on terror funding crackdown http://www.euractiv.com/sections/global-europe/france-germany-press-brussels-terror-funding-crackdown-321730

EurActiv, 12.02.16: Suspicious bank notes lead to Luxembourg http://www.euractiv.com/sections/euro-finance/suspicious-bank-notes-lead-luxembourg-321824

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