Is it time to reform the counter-terrorist financing reporting obligations? A critical and comparative assessment of the counter-terrorist financing reporting obligations in the European Union and the United Kingdom

Ryder, Nicholas 2018. Is it time to reform the counter-terrorist financing reporting obligations? A critical and comparative assessment of the counter-terrorist financing reporting obligations in the European Union and the United Kingdom. German Law Journal 19 (5) , pp. 1169-1190. 10.1017/S2071832200022999 Item availability restricted.

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Abstract

This Article critically considers the effectiveness of the European Union's (EU) counter-terrorist financing (CTF) strategies. In particular, it concentrates on the use of financial intelligence gathered from the submission of suspicious activity reports (SARs) by reporting entities to Member States Financial Intelligence Units (FIU). The Article identifies a series of weaknesses in the United Kingdom's (UK) reporting regime: Defensive reporting, increased compliance costs, and the definition of suspicion. It concludes by making a series of recommendations that are aimed at improving the effectiveness of the EU and UK CTF reporting obligations.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Cardiff Law & Politics Cardiff Centre for Crime, Law and Justice (CCLJ)
ISSN:	2071-8322
Date of First Compliant Deposit:	22 February 2023
Date of Acceptance:	1 February 2018
Last Modified:	03 May 2023 21:27
URI:	https://orca.cardiff.ac.uk/id/eprint/157263

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