Counterterrorism Measures and their Effects on the Implementation of the WPS Agenda

Women, Peace & Security Agenda”, organized by the Women Peacemakers Program (WPP), the Human Security Collective (HSC), WinG India and the Ecumenical Women’s Initiative (EWI). The panel discussion took place on March 12, 2015, and was hosted by the Permanent Mission of the Kingdom of the Netherlands to the UN in New York. The Policy Brief drew upon research done by WPP, HSC, EWI and WinG India. 

Established in 1989 by the G7, the Financial Action Task Force (FATF) is one of the most influential but least known multinational organizations. Operating as a working group, the FATF is not underpinned by a convention or treaty. This provides the FATF with the freedom and flexibility to operate without much public scrutiny. Its mandate is to prevent anti-money laundering and terrorism financing, by setting a global standard.

One particular recommendation of the global FATF standard - Recommendation 8 - assumes that nonprofits are particularly vulnerable to abuse by terrorists for financing of terrorist activities. Other recommendations concern the private sector, the financial services industry, the banks and politically exposed persons. All these sectors need to be prevented from abuse by criminals and terrorists through the application of the FATF global standard1. For more information, see here