The Challenges of Combatting Extremist Financing in Germany
Terrorist and extremist organizations depend on finances to plan, prepare, and execute their activities. This is particularly the case when this relates to a hierarchically organized, geographically dispersed group that undertakes a range of activities and operations. Therefore, disruption of such an entity’s financial income streams concentrates on a bottleneck that presents a weakness which can exploited to hinder its activities and mitigate risks emanating from them.
This requires a particular set of legal instruments and administrative structures that enable transparency and early detection if funds are used for malign purposes. Despite this being an obvious truism, there is a regular issue of terrorism financing, as well as the financing of violent extremism and extremism, not being addressed as a priority, but rather a sideline of investigations focusing on individual culpability for violent acts or wider operational activities.
This report presents a range of policy recommendations to disrupt the financing of terrorism.