Money Laundering and the Financing of Terrorist Activities with Emphasis on the Role of the Financial Intelligence Department Cover Image

Pranje novca i finansiranje terorističkih aktivnosti sa osvrtom na ulogu finansijsko-obavještajnog odjela
Money Laundering and the Financing of Terrorist Activities with Emphasis on the Role of the Financial Intelligence Department

Author(s): Sunčica Vejzović, Denis Pajić
Subject(s): Law, Constitution, Jurisprudence
Published by: Centar za društvena istraživanja
Keywords: Money Laundering; Terrorism; Financing of terrorist activities; Financial Intelligence Department

Summary/Abstract: The paper presents main issues related to money laundering and financing of terrorist activities, and the relationship between these two aspects of crime. Money laundering is the process of disguising illegal sources of income earned through criminal acts, with the aim of including these revenue flows into the legal financial operations. Terrorism is a global threat that affects all countries of the world and poses a threat to international peace and security. Given that states refuse direct sponsoring of terrorism - terrorist groups, thus, in order to increase the funds necessary to finance their activities, redirect to criminal activities. In this regard, the relationship between "dirty money" and the financing of terrorist activities is highlighted. The paper emphasizes the ways and forms of combating money laundering and financing of terrorist activities and the work of state agencies and their departments that regulate these issues.

  • Issue Year: 2013
  • Issue No: 01
  • Page Range: 141-165
  • Page Count: 24
  • Language: Bosnian