counter-terrorism finance

Counter-terrorism finance (CTF) refers to efforts aimed at preventing the funding of terrorist activities. It involves tracking and disrupting financial flows to organizations or individuals involved in terrorism. Governments and financial institutions work together to identify suspicious transactions, enforce regulations, and promote international cooperation. By monitoring bank accounts, donations, and other financial activities, CTF seeks to cut off resources that enable terrorism, ultimately aiming to enhance national and global security. This is crucial because funding is essential for terrorists to plan, organize, and execute their actions.