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The Many Failures of the International Body That Monitors Terror Financing

Originally founded to combat money laundering, the Financial Action Task Force (FATF) had its remit expanded in 2001 to monitor the funding of terrorism. At its most recent meeting in February, it took the commendable step of moving Iran from its “grey list” of states that deserve scrutiny to its “black list” of states that should be sanctioned for supporting terrorist groups. Noah Phillips writes that the facts that the Islamic Republic, which has systematically sponsored and participated in terrorism since its creation, had not already been on the black list, and that Pakistan—which has singlehandedly sustained the Taliban—remains on the grey demonstrates FATF’s ineffectiveness. And there are other offenders the body ignores entirely:

A host of countries with immense capital and robust terror affiliations have been blatantly disregarded by [FATF], which looks aside as they stir up terror without fear of condemnation. Most prominent among them is the Qatari regime. In true anti-Semitic fashion, Qatar doesn’t allow Israelis within its borders, and it maintains royal monetary and personnel ties to al-Qaeda, Islamic State, Hamas, Iran, and more. The emir of Qatar and his family have doled out billions in support of Hamas terror efforts in Gaza and millions to al-Qaeda, and several members of the royal family have been directly implicated in terror plots.

The Palestinian Authority similarly enjoys free rein to grow its “martyrs’ fund,” a governmental program to provide income to the families of terrorists, offering more cash according to length of prison sentence and a maximum if the martyr dies in the act of killing.

This practice, like others that promote terror against the state of Israel, warrants no mention by FATF. Neither Qatar nor the Palestinian Authority has ever been on the grey list, which is intended to monitor countries with developing terror-financial ties, let alone the black list. As it blatantly ignores the efforts of a host of nations to facilitate terror funding, FATF’s scope is severely narrowed. Major terrorist havens are unaffected by its policies.

Read more at BESA Center

More about: Hamas, Iran, Pakistan, Palestinian terror, Qatar, Terrorism

 

The Summary: 10/7/20

Two extraordinary events demonstrate something important about Israel’s most fervent adversaries. One was a speech given at something called The People’s Forum (funded generously by Goldman Sachs), which stated, “When the state of Israel is finally destroyed and erased from history, that will be the single most important blow we can give to destroying capitalism and imperialism.”

The suggestion that this tiny state is the linchpin of a global, centuries-old phenomenon like capitalism goes well beyond anything resembling rational criticism. Even if Israel were guilty of genocide, apartheid, and oppression—which of course it is not—it would not follow that its destruction would help end capitalism or imperialism.

The other was an anti-Israel protest that took place in front of New York City’s Memorial Sloan Kettering Cancer Center, deemed “complicit” in Israel’s evils. At organizers’ urging, participants shouted their slogans at kids in the cancer ward, who were watching from the windows. Given Hamas’s indifference toward the lives of Gazan children, such callousness toward non-Palestinian children from Hamas’s Western allies shouldn’t be surprising. The protest—like the abovementioned speech—deliberately conveyed the message that Israel is the ultimate evil and its destruction the ultimate good, cancer patients be damned.

The fact that Israel’s adversaries are almost comically perverse does not mean that they can be dismissed. If its allies fail to understand the obsessive and irrational hatred that it faces, they cannot effectively help it defend itself.

Read more at Mosaic