Working Paper Series - Tracking Transnational Terrorist Resourcing Nodes and Networks

Following this analysis, the study delves more deeply into three case studies to illustrate the broader findings: in terms of (1) the patterns used to raise and transfer resources, (2) the value-added of broadening the remit from financing to resourcing, and (3) the vexing problem of attribution of the purpose of funds. [...] Pursuant to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), FINTRAC seeks to "detect and deter money laundering and the financing of terrorist activities to facilitate the investigation or prosecution of money laundering and terrorist financing offences" (Financial Transactions and Reports Analysis Centre of Canada, 2015). [...] The legal cases either cited the defendant as the charity, or the bank that provided services to the charity, as investors raised donations to send to financial intermediaries, who would send the money to terrorist organizations. [...] Stage 4 of the TRM: Transmission to Terrorist Organization Navigating the exact route of funds from an investor to a terrorist organization is difficult through court cases since only facts relevant to the case are included in the reports and not necessarily the full causal mechanism. [...] The final column identifies the terrorist organizations to which the funds were ultimately transferred, and contrasts the locations of terrorist organizations with the locations of the investors and financial intermediaries.