ABSTRACT
Terrorism, as well as its financing, is a complex and diversified phenomenon with different actors and associated threats. These actors have different financing needs and use a comprehensive variety of methods and techniques to raise, move and use money and resources. The existing architecture to combat the financing of terrorism developed after 9/11 seems ineffective to confront various problems. Among those are the outbreak and economic growth of ISIS, the great number of individuals who left Europe to fight in Syria and Iraq, and terrorism in Europe, all of which have increased the perception that it is possible to carry out large-scale and wide-impact terror acts in an apparently simple and costless way. This study discusses the counter-terrorism financing evolution related to current international terrorist organizations and how terrorist attacks in the West are financed, in order to evaluate how counter-terrorism financing tools and solutions can better serve to fight terrorism.
