EU Terror Financing Initiative Admirable But Flawed, Say Experts

As the European Parliament prepares to vote on new counter-terrorist financing (CTF) plans, some of the more ambitious suggestions have raised eyebrows in the industry.

Approved by a smaller group of members of the Parliament’s Committee on Foreign Affairs last week, Thursday’s vote will see the set of recommendations face the scrutiny of the full plenary.

While acknowledging its good intentions, lawyers have questioned how realistic some of the proposals are, pointing out that many of those that are achievable have already been considered in other contexts.

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