Terrorists need money to commit acts of violence and sustain their operations. Measures to
combat terrorism therefore aim to prevent terrorists from raising moving and using funds or
other assets. The effectiveness - and the fairness - of these measures were considered at the
second 'Giessbach' seminar on counter-terrorist financing (CTF) organised by the Basel
Institute on Governance in October 2008. This book contains essays presented at the seminar
written by practitioners and academics with extensive experience in the field of CTF. The
authors offer a diversity of views on the domestic regional and international initiatives
aimed at detecting terrorist funds in the financial system preventing terrorists from moving
their money via alternative financial channels and facilitating the recovery of terrorist
assets. The editors conclude with in-sights into the ongoing challenge of making CTF measures
both effective and legally sustainable in the lead-up to Giessbach III in December 2009.
