Commission presents Action Plan to strengthen the fight against terrorist financing
EU News 36/2016
Strasbourg, 2 February 2016
The European Commission is today presenting an Action Plan to strengthen the fight against the financing of terrorism.
The recent terrorist attacks in the European Union and beyond demonstrate the need for a strong coordinated European response to combatting terrorism. The European Agenda for Security had identified a number of areas to improve the fight against terrorist financing. Today's comprehensive Action Plan will deliver a strong and swift response to the current challenges, building on existing EU rules and complementing them where necessary. Through concrete measures, it will adapt or propose additional rules to deal with new threats.
The Action Plan will focus on two main strands of action:
- Tracing terrorists through financial movements and preventing them from moving funds or other assets;
- Disrupting the sources of revenue used by terrorist organisations, by targeting their capacity to raise funds.
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© European Union, 2016 URL