Financing of Terrorism definition

Financing of Terrorism means the provision or collection of funds, by any means, directly or indirectly, with the intention that they should be used or in the knowledge that they are to be used, in full or in part, in order to carry out any of the offences within the meaning of Articles 1 to 4 of the EU Council Framework Decision 2002/475/JHA of 13 June 2002 on combating terrorism.
Financing of Terrorism means the act of providing or collecting funds with the intention that they be used, or in the knowledge that they are to be used, in order to carry out terrorist acts.
Financing of Terrorism means any offence referred to in section 9;

Examples of Financing of Terrorism in a sentence

  • Anti-Money Laundering and Countering Financing of Terrorism AML Compliance: The Client undertakes that it will not do anything to put AX Financials in breach of the AML/CFTA Law or Applicable Law.

  • Anti-Money Laundering and Countering Financing of Terrorism Act 2009.


More Definitions of Financing of Terrorism

Financing of Terrorism means the provision of funds, assets or financial services which are used, in whole or in part, for any terrorist activity defined in section 1 of the Prevention and Combating of Terrorist and Proliferation Activities Act, 2014 (Act No. 4 of 2014) and “funding of terrorism” or “funding of terrorist activities” has the same meaning;
Financing of Terrorism means the provision or collection of funds, by any means, directly or indirectly, with the intention that they should be used or in the knowledge that they are to be used, in full or in part, in order to carry out any of the offences listed in the Directive (EU) 2017/541 of the European Parliament and of the Council of 15 March 2017 on combating terrorism and replacing Council Framework Decision 2002/475/JHA and amending Council Decision 2005/671/JHA (as amended, replaced or re-enacted from time to time).
Financing of Terrorism means the act of a terrorist group, etc. providing funds for terrorist activities or other benefit to terrorists through a financial institution.
Financing of Terrorism means the act of providing or collecting funds with the intention that they be used, or in the knowledge that they are to be used, in order to carry out terrorist acts;
Financing of Terrorism means a person who wilfully provides or collects funds or other assets by any means, directly or indirectly, with the unlawful intention that they are to be used, or in the knowledge that they are to be used, in full or in part –
Financing of Terrorism means the offence stated in section 16;
Financing of Terrorism means the provision or collection of funds, by any means, directly or indirectly, with the intention that they be used or in the knowledge that they are to be used, in full or in part, to commit, or to contribute to the commission of, any of the offences referred to in articles 3 to 10 of Directive (EU) 2017/541 of 15 March 2017 on combating terrorism. Where the Financing of Terrorism concerns any of the offences laid down in articles 3, 4 and 9 of Directive (EU) 2017/541, it shall not be necessary that the funds be in fact used, in full or in part, to commit, or to contribute to the commission of, any of those offences, nor shall it be required that the offender knows for which specific offence or offences the funds are to be used.