The preferred type of financial intelligence for early detection of terrorist financing activities

Research output: Contribution to journalArticlepeer-review

Abstract

Purpose
This paper aims to inform the readers about the preferred type of financial intelligence for early detection of terrorist financing activities.

Design/methodology/approach
Literature review methodology was adopted to find the existing approaches of financial intelligence and logical reasoning was applied to sort out what type of financial intelligence is more preferable for early detection of terrorist financing activities.

Findings
It was found that proactive financial intelligence executed through financial intelligence tools is the most preferred type of financial intelligence for early detection of terrorist financing activities.

Research limitations/implications
The research will pave the way for further research on how to design financial intelligence tools for the early detection of terrorist financing activities.

Practical implications
The financial intelligence units will use the preferred type of financial intelligence for the early detection of terrorist financing activities.

Social implications
It will help to establish peace in the society by thwarting terrorist conspiracies because early detection of terrorist financing through financial intelligence tools will stop the flow of funds to and from terrorists.

Originality/value
The originality of the paper lies in distinguishing proactive financial intelligence from reactive financial intelligence.
Original languageEnglish
Number of pages10
JournalJournal of Money Laundering Control
DOIs
Publication statusE-pub ahead of print - 20 Aug 2021

Keywords

  • Early detection
  • Financial intelligence
  • Terrorist financing activities

Fingerprint

Dive into the research topics of 'The preferred type of financial intelligence for early detection of terrorist financing activities'. Together they form a unique fingerprint.

Cite this