Terrorist financing is the collection, provision, movement or use of funds for terrorist purposes. Unlike money laundering, the funds involved may originate from entirely legitimate sources.
The concern is not necessarily where the funds came from, but where they are going and how they will be used.
Although the legal sector is generally considered to face lower terrorist financing risks than money laundering risks, the consequences of involvement can be severe.
To combat the risks associated with terrorist financing, you are expected to: