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The Terrorist Financing Targeting Center: Pioneering efforts in combating terrorism and its financing

The Terrorist Financing Targeting Center, established in Riyadh on May 21, 2017, is a multilateral entity to strengthen cooperation between

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The Terrorist Financing Targeting Center (TFTC), established in Riyadh on May 21, 2017, is a multilateral entity to strengthen cooperation among seven countries—the Kingdom of Saudi Arabia, the Kingdom of Bahrain, the Sultanate of Oman, the State of Qatar, the State of Kuwait, and the United States of America—to disrupt terrorist financing networks and related activities of common interest.

The center aims to facilitate coordination, information exchange, and capacity building to target terrorist financing networks and other activities of common interest that threaten the national security of member states. It also aims to leverage the expertise available in participating countries to target terrorist financing networks, as well as to identify regional partners and work to provide them with the capabilities they need to combat terrorist financing within their borders.

In its pursuit of enhancing cooperation, coordination, and mutual understanding in disrupting terrorist financing, the Kingdom of Saudi Arabia established the Terrorist Financing Targeting Center (TFTC) based on a Memorandum of Understanding on Combating Terrorist Financing signed between the Gulf Cooperation Council (GCC) countries and the United States of America, leading to further measures in this regard in accordance with the principle of mutual benefit.

The Kingdom of Saudi Arabia has actively contributed to the efforts of the Center, which was inaugurated in Riyadh on October 25, 2017. These efforts complement the existing bilateral information exchange and operational cooperation between participating countries, and aim to identify, track, and share information related to terrorist financing networks and other activities of common interest, including related threats emanating from terrorist organizations.

The center works to coordinate actions such as jointly identifying sanctions or other measures against terrorists, dismantling their financing networks, and providing specialized support to participants who need assistance in building capacity to counter terrorist financing threats, including holding workshops on best practices in line with Financial Action Task Force (FATF) standards.

The Kingdom of Saudi Arabia, represented by the Presidency of State Security, and the United States of America, represented by the US Treasury Department, share the chairmanship of the center, with the membership of the United Arab Emirates, the Kingdom of Bahrain, the Sultanate of Oman, the State of Qatar, and the State of Kuwait.

The center has an executive committee that meets quarterly, working to define the strategic direction of the three work streams (classifications, information sharing, and capacity building), and to facilitate and coordinate joint countermeasures.

Since its establishment, the Kingdom of Saudi Arabia and the member states have conducted seven rounds of coordinated designations, which included the designation of 97 individuals and entities linked to various terrorist organizations.

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In order to build the center’s capabilities, the Kingdom of Saudi Arabia hosted and contributed, in partnership with member states, to holding (23) workshops, in line with the United Nations Security Council resolutions (UNSCRs) on combating terrorism and its financing, and the Financial Action Task Force (FATF) standards on combating money laundering, terrorist financing and the proliferation of weapons, in addition to holding six discussion sessions that addressed emerging threats, as well as contributing to and participating in the center’s program initiative for the first and second phases to train intermediate-level experts on the requirements and measures to combat terrorist financing .

To enhance the “capacity building” program and expand the level of knowledge of risks and developments, several entities from member states participated, represented by: (law enforcement agencies, supervisory bodies for financial institutions and designated non-financial professions and businesses, judicial and legal bodies, and bodies concerned with non-profit organizations), in addition to the participation of international organizations, including: (the Analytical Support and Sanctions Monitoring Team of the United Nations Security Council Committee on ISIS and Al-Qaeda).

Since its inception, the Terrorist Financing Targeting Center (TFTC) has led to increased regional understanding of terrorist financing risks and related emerging threats, enhanced partnership and coordination between the Gulf Cooperation Council (GCC) countries and the United States, targeted individuals affiliated with terrorist organizations listed by member states at the national level, and contributed to the exchange of expertise and improved qualification and training.

It is worth noting that the establishment of the "Terrorist Financing Targeting Center" comes as part of the firm, continuous, effective, and pioneering steps taken by the Kingdom of Saudi Arabia in confronting the crime of terrorism and its financing locally, regionally, and internationally . It is an extension of the Kingdom's leadership in combating terrorism and its financing through its commitment to Security Council resolutions and relevant international agreements on combating terrorism and its financing, its application of the standards issued by the Financial Action Task Force (FATF), its contribution through its membership in relevant organizations and platforms to providing technical assistance or building the technical capacities of requesting countries, its technical and financial contributions to international and regional initiatives and programs, its hosting of numerous relevant conferences, workshops, and meetings, and its commitment to enhancing international cooperation and building partnerships, all while striving to combat the crime of terrorism financing .

Those interested and researchers can visit the website

https://www.tftc-istehdaf.org

The Saudi News Network first launched on Twitter via its official account, @SaudiNews50, and quickly became one of the Kingdom's leading independent news sources, thanks to its fast and reliable coverage of major local and international events. Due to the growing trust of its followers, the network expanded by launching its website, a comprehensive news platform offering regularly updated content in the fields of politics, economics, health, education, and national events, presented in a professional style that meets the public's expectations. The network strives to enhance public awareness and provide accurate information in a timely manner through on-the-ground reporting, in-depth analysis, and a specialized editorial team, making it a trusted source for anyone seeking up-to-the-minute Saudi news.

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The Crown Prince receives a message from the President of Kazakhstan to enhance bilateral cooperation

Crown Prince Mohammed bin Salman received a written message from the President of Kazakhstan concerning bilateral relations, which was received by Foreign Minister Prince Faisal bin Farhan in Riyadh.

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The Crown Prince receives a message from the President of Kazakhstan to enhance bilateral cooperation

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, received an important written message from His Excellency President Kassym-Jomart Tokayev of the Republic of Kazakhstan. The message focused on ways to strengthen and develop the close bilateral relations between the two brotherly countries and to propel them towards broader horizons in various fields.

His Highness Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs, received the message during his official meeting today at the Ministry's headquarters in Riyadh with His Excellency Yermek Kosherbayev, Minister of Foreign Affairs of the Republic of Kazakhstan. During the meeting, they reviewed aspects of joint cooperation and ways to enhance them in a manner that serves the interests of both countries and their friendly peoples.

The depth of Saudi-Kazakh relations

This message comes amidst the active diplomatic efforts underway in relations between the Kingdom of Saudi Arabia and the Republic of Kazakhstan, two countries bound by deep-rooted historical ties based on shared values ​​and mutual respect. These relations are gaining increasing importance in light of global geopolitical and economic shifts, as Kazakhstan is the largest country in Central Asia and a key strategic partner for the Kingdom in this vital region.

Prospects for economic and investment cooperation

Economically, the two countries possess tremendous potential for cooperation, particularly in the energy sector. Both Saudi Arabia and Kazakhstan are major global oil producers and active members of the OPEC+ alliance, which strengthens their joint coordination to ensure the stability of global energy markets. Furthermore, Saudi Arabia's Vision 2030 opens up vast opportunities for mutual investments in mining, infrastructure, food security, and renewable energy, aligning with Kazakhstan's development goals.

The importance of political coordination

On the political front, the exchange of messages between the two leaderships reflects a mutual commitment to continued consultation and coordination on regional and international issues of common interest. The Kingdom plays a pivotal role in promoting stability in the Middle East, while Kazakhstan serves as a vital bridge between Asia and Europe, making the strengthening of their partnership a cornerstone of security and stability in both regions.

The reception was attended on the Saudi side by the Undersecretary of the Ministry of Foreign Affairs for Political Affairs, Dr. Saud Al-Sati, and the Ambassador of the Custodian of the Two Holy Mosques to the Republic of Kazakhstan, Faisal Al-Qahtani, reflecting the high-level diplomatic interest in the outcomes of this meeting and the future steps that will result from it to strengthen the strategic partnership.

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New Mexico investigation into Epstein's ranch: details of the historic decision

New Mexico opens a formal investigation into Jeffrey Epstein's Zorro Ranch. Learn about the legislative committee's efforts to uncover human trafficking networks.

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New Mexico investigation into Epstein's ranch: details of the historic decision

In a decisive legal and legislative move, lawmakers in the US state of New Mexico passed new legislation aimed at launching a comprehensive and extensive investigation into the events that transpired behind the walls of Zorro Ranch, the sprawling estate associated with the late disgraced sex offender Jeffrey Epstein. This step comes in response to growing demands from human rights groups and the public for transparency regarding the network Epstein operated in secrecy.

Bipartisan fact-finding committee

Under the new legislation, a special bipartisan commission will be formed in the state legislature. This commission will have broad powers to gather evidence, subpoena witnesses, and, most importantly, provide a secure platform for survivors to testify about the egregious abuse they suffered at the ranch. The ranch is located in a remote area about 48 kilometers south of Santa Fe, which for many years kept it largely out of scrutiny.

"Zorro Ranch": The Mysterious Castle

This ranch holds particular significance in the context of federal and local investigations, as it spans thousands of acres and includes a sprawling mansion and a private airstrip. The property has long been suspected of being a major hub for the human trafficking operations with which Epstein was accused. This move is the first of its kind at the state level to directly target activities that took place on the property, aiming to determine whether local individuals or others facilitated or covered up these crimes.

A complex historical and legal context

This investigation comes at a time when the Jeffrey Epstein case continues to generate widespread international controversy, particularly following his death in his Manhattan jail cell in 2019, officially ruled a suicide. This effectively prevented a trial that would have revealed many secrets. However, the recent release of court documents related to Virginia Giuffre's lawsuit against Epstein's associate, Ghislaine Maxwell, has brought the case back into sharp focus, revealing a vast network of connections involving politicians, financiers, and celebrities.

The importance of the investigation and its expected impact

Observers believe the New Mexico investigation holds immense symbolic and legal significance. It not only seeks to hold accountable potential perpetrators who may have escaped federal scrutiny, but also aims to close the legal loopholes that allowed these abuses to continue for years. Furthermore, the investigation sends a powerful message of support to the victims, affirming that justice does not expire and that the death of the main suspect does not mean the case is closed as long as there are survivors demanding their rights.

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Saudi Arabia and seven other countries condemn the escalation of settlement activity in the West Bank

Saudi Arabia and seven other countries issued a joint statement condemning Israel's classification of lands in the West Bank as "state lands," warning of the undermining of the two-state solution and calling for urgent international intervention.

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Saudi Arabia and seven other countries condemn the escalation of settlement activity in the West Bank

In a unified diplomatic move reflecting the seriousness of the situation in the occupied Palestinian territories, the foreign ministers of eight countries – the Kingdom of Saudi Arabia, the Hashemite Kingdom of Jordan, the United Arab Emirates, the State of Qatar, the Arab Republic of Egypt, the Republic of Turkey, the Republic of Indonesia, and the Islamic Republic of Pakistan – issued a joint statement expressing their strong condemnation of the recent Israeli decisions concerning the Palestinian territories.

Unprecedented escalation of settlement activity since 1967

The ministers condemned in the strongest terms Israel’s move to designate large areas of land in the occupied West Bank as “state land.” The statement noted that these actions include approving the commencement of land registration and settlement procedures, a dangerous step being taken for the first time since the occupation of the West Bank in 1967. The ministers considered this move a flagrant violation of international law and an escalation aimed at legitimizing and expanding settlements at the expense of the rights of the Palestinian people.

Violation of international laws and resolutions

The joint statement affirmed that these measures fundamentally violate international humanitarian law, specifically the Fourth Geneva Convention, which prohibits an occupying power from transferring its own population into the territory it occupies or altering its geographic and demographic character. The ministers also stressed that these practices constitute a blatant challenge to relevant UN Security Council resolutions, foremost among them Resolution 2334, which affirms the illegality of settlements in the Palestinian territories occupied since 1967, including East Jerusalem.

In a related context, the ministers pointed out that the Israeli decision contradicts the advisory opinion issued by the International Court of Justice, which clarified the legal implications of Israeli policies, stressing the illegality of any measures aimed at changing the historical and legal status of the occupied territory, and the need to end the occupation and prohibit the seizure of land by military force.

Risks of undermining the two-state solution

The foreign ministers of the eight countries warned of the political and security repercussions of these steps, emphasizing that they aim to impose a new administrative and legal reality that entrenches permanent Israeli control. They explained that the continued confiscation of land and the accelerated pace of settlement construction effectively undermine the two-state solution and eliminate any political prospect for the establishment of an independent, viable, and geographically contiguous Palestinian state. They cautioned that these policies pose a real threat to the chances of achieving a just and comprehensive peace in the region and exacerbate tension and instability in the Middle East.

A call for the international community to assume its responsibilities

The ministers concluded their statement with a clear call for the international community to take immediate action and fulfill its legal and moral responsibilities. They demanded decisive and clear steps to halt these ongoing violations and ensure Israel's respect for international law. They reaffirmed their full support for the inalienable rights of the Palestinian people, foremost among them their right to self-determination, an end to the occupation, and the establishment of their independent state on the June 4, 1967 borders, with East Jerusalem as its capital, as the only way to achieve lasting stability in the region.

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