Counter-Terrorism Financing (CTF) refers to the measures and strategies implemented to prevent and disrupt the financial support of terrorist activities. This involves monitoring and regulating financial transactions to ensure that funds are not being used to support terrorism. Governments and international organizations work together to identify and block sources of funding that could be used by terrorist groups.
CTF efforts include tracking suspicious transactions, enforcing laws against money laundering, and collaborating with financial institutions to enhance security measures. Organizations like the Financial Action Task Force (FATF) play a crucial role in setting global standards and promoting effective implementation of CTF practices among countries.