International legal framework for combatingthe financing of terrorism [Articol]

Abstract

Countering the financing of terrorism has become a central element of international security policy in the 21st century. This article analyzes the international legal framework regulating this field, tracing its evolution from the adoption of the 1999 International Convention for the Suppression of the Financing of Terrorism and subsequent UN Security Council resolutions, including 1373 (2001) and 2462 (2019), to the development of universal standards by the Financial Action Task Force (FATF). At the regional level, attention is given to the European Union’s directives, the Council of Europe’s Warsaw Convention of 2005, and the OSCE’s initiatives. The article shows how these mechanisms complement each other and strengthen cooperation between states. A separate focus is placed on the Republic of Moldova, which has aligned its legislation with FATF recommendations and EU directives through Law No. 308/2017 and the creation of a Financial Intelligence Unit. The study concludes that an effective response requires combining global, regional, and national approaches. The article argues that only a multi-level approach, global, regional, and national, can ensure an effective response to evolving threats.