The Subcommittee on Terrorism and Illicit Finance met today to examine the various methods used by major terror groups to generate and move funds to support their activities and organizations. As the threat of terrorism continually evolves, it is increasingly important to monitor terrorist threats and methods of terror financing.
“Terrorist organizations cannot function without… Read more »
The Subcommittee on Terrorism and Illicit Finance met today to examine strategies to disrupt both the financing and procurement of weapons and how financial institutions can best identify proliferation activities.
“On the Terrorism and Illicit Finance (TIF) Subcommittee, we are charged with providing the tools and resources our nation’s intelligence and financial communities needs to… Read more »
The Subcommittee on Terrorism and Illicit Finance met today to examine the problems law enforcement agencies encounter in their efforts to address the illicit funding potential of virtual currencies (VCs).
“Today’s hearing was an excellent opportunity to learn more about the illicit use of virtual currencies and what we can do to combat the abuse of virtual currencies on Dark Web… Read more »
WASHINGTON – The Terrorism and Illicit Finance Subcommittee met today to examine the implementation and enforcement of the Financial Crimes Enforcement Network’s (FinCEN) Customer Due Diligence (CDD) Rule to improve anti-money laundering efforts while safeguarding the U.S. financial system for its proper use.
“Last week the Customer Due Diligence rule went into effect, capping a 6-year… Read more »
