EU nations have until next week to answer a survey on terrorist financing ahead of the February release of a European Commission action plan to address the issue, officials disclosed Friday. The commission last month asked member-states to complete a questionnaire related to proposed counterterrorism financing measures endorsed by the Economic and Financial Affairs Council (Ecofin) in December, according to a governmental source. The questionnaire addresses prepaid cards, virtual currency and asset freezing powers, among other topics. On Friday, officials attending an Ecofin meeting in Brussels said that the commission would review the responses before disclosing its plan on Feb....
EU member-states must more quickly transpose and implement the bloc's proposed and finalized mandates to cut off terrorists' funding and bolster security, European leaders said following a ministerial meeting Thursday.
The European Commission on Tuesday proposed new steps to bolster the bloc's fight against terrorism and money laundering, including limits on the transportation of cash and the creation of centralized bank account registers.
The French government intends to move quickly to strengthen protections against terrorist financiers, including broadening investigatory access to data on suspected militants and toughening oversight of prepaid cards, a top official said Monday.