U.S. and France Terror Financing

On 12 October, US and French Treasuries issued actions on terror financing.

  • Meeting of US Treasury Secretary Mnuchin, and French Finance Minister Le Maire.
  • Agreed measures to strengthen cooperation in the fight against terrorist financing.


  • Noted key role that targeted sanctions play in the fight against terrorist financing.
  • Agreed to make full use of existing instruments at national and international level.
  • Wider cooperation in identification and designation of new individuals and entities.


  • Decided to coordinate their efforts to strengthen further means and tools of FATF.
  • Reinforce robust FATF network of regional bodies, to ensure implement standards.
  • Stronger tools to encourage fast adoption of countries that do not meet standards.
  • By capacity building and technical assistance, and by countermeasures, sanctions.