Modern Mechanisms for Countering the Financing of Terrorism. New Challenges and Threats

Abstract

This article examines the problems associated with the financing of terrorism, combating the financing of terrorism and its international legal regulation. Characteristic features of international legal regulation related to the counteraction of terrorism financing, both in theory and in practice are analyzed. The necessity of joint use by the international community of available methods and means to counter the financing of terrorism has been identified and justified. Also, the article analyzes the existing approaches to understanding the financing of terrorism, and identifies the place and significance of measures to counter the financing of terrorism. Despite the presence of a significant number of regulatory legal acts, an effective system of countering terrorism on an international scale has not been formed yet. This is due to the lack of an integrated approach to understanding terrorism. A comparison of the provisions of existing international acts and the legislation of the Russian Federation allows us to determine the prospects for further improving the legal regulation of the sphere of relations. This research reflects modern problems of international legal regulation on combating the financing of terrorism, and gives ways of solving this problem.

Key words: the ideology of terrorism, credit organizations, terrorist groups, the FATF group, combating the financing of terrorism.

References
[1] Federal Law of August 7, 2001 N 115-FZ ”On combating the legalization (laundering) of proceeds from crime and financing of terrorism.”


[2] Council of Europe Convention on Laundering, Identification, Seizure and Confiscation of the Proceeds from Crime (Strasbourg, 8 November 1990) // Collection of Legislation of the Russian Federation. - 2003, Jan. 20 - No. 5. - Art. 203.


[3] International Convention for the Suppression of the Financing of Terrorism: adopted by UN General Assembly Resolution No. 54/109 of December 9, // Bulletin of International Treaties. - 2003. - No. 5.


[4] Article Vakhrusheva GE ”International legal regulation of counteraction to the financing of terrorism”


[5] International Convention for the Suppression of the Financing of Terrorism of 9 December 1999.


[6] Treaty on Cooperation of the States Members of the Commonwealth of Independent States in the Fight against Terrorism, 1999


[7] Council of Europe Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime and on the Financing of Terrorism 2005 (Warsaw Convention).


[8] Article 205.1 of the Criminal Code of the Russian Federation


[9] Article 208 of the Criminal Code of the Russian Federation