April 22, 2017 4:56 PM

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US seeks help for dismantling financial networks of terror groups

The United States has sought the help of the international community in particular multilateral financial institutions in targeting and dismantling financial networks of terrorist organisations. <br/><br/>During his address to the IMF in Washington, US Treasury Secretary Steven Mnuchin said that targeting and dismantling the financial networks of terrorist organisations is a top US priority. He said, improving anti-money laundering and counter terrorist financing systems is critical to this goal. <br/><br/>The United States, he said, welcomes the IMF's important work providing technical assistance to member countries to strengthen their regulatory and supervisory frameworks with respect to anti-money laundering and countering the financing of terrorism.

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