Experience of Foreign Countries in Regulating Liability for the Financing of Terrorism

Abstract

The article analyzes the regulation of criminal liability for the financing of terrorism in foreign countries and the issues of implementing international standards into national legislation. Despite the existence of the UN International Convention for the Suppression of the Financing of Terrorism and FATF recommendations, many states face difficulties in applying them due to differences in legal systems, lack of transparency in financial flows, and insufficient control mechanisms. Using the examples of Russia, Kazakhstan, Germany, Belarus, the USA, and the UK, the paper highlights specific features of criminalization of terrorism financing. It is noted that in some jurisdictions effective measures have been introduced, including targeted sanctions, asset confiscation, various forms of criminal liability, and severe penalties such as imprisonment. The study emphasizes the importance of examining foreign experience for improving national systems of countering terrorism financing.