Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)

Abstract

Combating Fund-Raising of International Terrorism Organization in Asean

Author(s): Jamin Ginting

Terrorism is a huge problem for many countries in Southeast Asia, such as Cambodia, Thailand, Indonesia, and Vietnam. Southeast Asia has become the home base for terrorist groups. Therefore, the Association of Southeast Asian Nations (ASEAN) makes a policy to counter-terrorism called the “ASEAN Convention on Counter-Terrorism (ACCT)." Article 6 Areas of Cooperation ACCT emphasizes the prevention of fund distribution to the terrorist group. Since the Bali Bombing I and Bali Bombing II Tragedy, the seriousness of combating international terrorism have become increasingly apparent. Each member of ASEAN, hand by hand together, enforces both International cooperation and bilateral cooperation to prevent and counteract, through appropriate domestic measures, the financing of terrorists and terrorist organizations, whether such financing is direct or indirect through organizations. International community efforts to combat terrorism activities not only comparing the criminalization of terrorism acts and the criminalization financing of terrorism and the criminalization of terrorist financing. Principally, there are two methods of terrorism financing, first, supported by the state (state-sponsored terrorism), and second, direct financing by terrorism. Article 8 International Convention for the Suppression of the Financing of Terrorism, 1999 has explicitly prescribed each party to take appropriate measures, following its domestic legal principles, to identify, detect, and freeze or seizure any funds used or allocated to commit the terrorism offenses. Since that moment, money laundering is an inherent element of organized crime, with its strong linkage to terrorism, has found and always will find new methods to satisfy the also new necessities for financing terrorism. Indonesia had given responses to financing terrorism by ratifying The International Convention for the Suppression of the Financing of Terrorism, 1999, with the enacted Law Number 6 the Year of 2006 and enacted Law Number 8 the Year of 2010, the new Prevention and Eradication Money Laundering Offence.

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