Taming the Financial Furies? Cooperation and Compliance in the Counter-Terrorism Financing Regime

Open to the Public

Following the money, disrupting financial flows, and undermining terrorist groups' financial bases are all key elements of current global counter-terrorism efforts. Counter-terrorism financing (CTF) initiatives are part of a complex international regime, comprising UN instruments, UN counter-terrorism bodies, and ad hoc global and regional non-governmental institutions, such as the Financial Action Task Force (FATF). Does this system work? How and why? This seminar will examine the state of the regime, its specific compliance-inducing mechanisms, and states' responses to its provisions.

Please join us! Coffee and tea provided. Everyone is welcome, but admittance will be on a first come–first served basis.

Date: Thu, Mar 24, 2016 Time: 12:15pm - 02:00pm Location: Littauer Building - Belfer Center Library, Room 369

European finance ministers have called on the European Central Bank to consider withdrawing the €500 bill as part of the bloc's broader strategy of countering terrorist financing.

Does this system work? How and why? This seminar will examine the state of the regime, its specific compliance-inducing mechanisms, and states' responses to its provisions. The seminar will argue that the regime's relative success is a function of its socialization practices put in the service of a particular pedagogic project. This project is characterized by an elaborate model of standard setting, norm projection, and rule enforcement that has enabled a heterogeneous audience of state and non-state actors to converge around a particular—albeit not uncontested—set of anti-money laundering and counter-terrorism financing recommendations.

Please join us! Coffee and tea provided. Everyone is welcome, but admittance will be on a first come–first served basis.