IMCTC Launches Course on Combating Terrorism Financing and Money Laundering in Nairobi

The Islamic Military Counter Terrorism Coalition (IMCTC) launched a five-day specialized training course titled “Combating the Financing of Terrorism and Money Laundering – Foundation Level” in Nairobi, Kenya, today. The course is part of the coalition’s capacity-building strategic initiative, which aims to enhance the efficiency of security and oversight agencies in member states and strengthen their institutional capacity to combat financial crimes linked to terrorism.

 The program is designed to help participants understand national and international legal frameworks for countering terrorism financing and money laundering. It also aims to develop skills in utilizing modern technologies to analyze financial data, detect suspicious activities, and establish mechanisms for cooperation and information exchange among local and international entities.

 Participants include representatives from legislative and executive bodies, financial and regulatory institutions, and civil society organizations. The course addresses seven main topics: the legal framework, sources and tools of terrorist financing, financial analysis and disclosure mechanisms, international and regional cooperation, prevention strategies, awareness and training programs, and fostering a culture of reporting suspicious activities.

 This initiative is part of a broader series of training programs organized by the coalition in member states to support efforts to combat terrorist threats and transnational crimes. The courses align with international best practices and standards and aim to enhance integration and coordination among different sectors in addressing these challenges.