The 3rd Counter-Terrorism Financing (CTF) Summit organised by Bank Negara Malaysia will be held in Kuala Lumpur on 20 to 23 November 2017, in partnership with Australia’s financial intelligence agency (AUSTRAC) and Indonesia’s Pusat Pelaporan dan Analisis Transaksi Keuangan (PPATK).
The summit will bring together more than 350 specialists and professional on the latest terrorism countries and international organisations to share their insights on the latest terrorism financing (TF) issues and developments.
This year, the event will include the inaugural International Financial Intelligence Units (FIUs) Codeathon, with over 80 participants from the region, which serves as a platform to develop new tools, techniques and ideas to address TF challenges.
Additionally, the summit features an innovation forum, industry alliance forum and plenary sessions, covering topics that contribute to the development of regional solutions to counter TF. Some of the topics include:
- The latest technological developments involving RegTech, FinTech, cryptocurrency and the dark web
- Enhancing public-private sector cooperation in sharing practical solutions to counter TF risks facing the financial sector
- The treat of home-grown terrorists
- The role of social media and crowdfunding in TF
“CTF Summit this year will predominantly feature discussions on current technological trends and the potential impact they have on TF. Due to the unceasingly vital strategic cooperation between all parties, the understanding of these trends and how they affect the TF landscape in the region would play an important role in the future counter-TF strategies,” says Abd Rahman Abu Bakar, Director of Financial Intelligence and Enforcement Department, Bank Negara Malaysia.
Meanwhile, Kiagus Ahmad Badaruddin, Head of PPATK comments: “It is our hope that this Summit will serve as a platform for the sharing and development of innovative solutions to our challenges. I am confident that the discussions of the Summit will foster strong regional collaboration and innovation, to detect and stop the flow of funds that support terrorism.”
