This report is the first of two papers delivered by GLOBSEC in the framework of Project CRAAFT (Collaboration, research and Analysis Against Financing of Terrorism). The CRAAFT project is an initiative funded by the European Union’s International Security Fund-Police. The project CRAAFT is a research and community building initiative designed to build stronger, more coordinated counter-terrorist financing (CTF) capacity across the EU and in its neighbourhood.
This report revolves around the Visegrad 4 region’s capacities and capabilities in countering terrorist financing as well as money laundering. The analysis focuses on the mechanisms used by Financial Intelligence Units (FIUs) of Poland, Slovakia, Czech Republic and Hungary to review suspicious transactions to combat terrorist financing and money laundering. A particular focus is dedicated to international cooperation between FIUs themselves and synergy with the private sector’s actors operating in the V4 region.
The report’s findings are the outcome of theoretical research, interviews as well as workshops delivered for the FIUs from Central Eastern Europe and the Western Balkans’ regions.
Read the full report below.