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Counter-Terrorism Financing Summit 2016 in Indonesia pledges to cut sources of Terror Funding

73 Malaysian nationals have joined or attempted to join extremist groups in Syria and Iraq, and at least 19 have been killed

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A picture from the summit Image source: straitstimes.com
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  • The Counter-Terrorism Financing (CTF) Summit was held from August 8- 11 August 2016
  • The summit was held in Bali, Indonesia and was co-hosted by Australia’s and Indonesia’s financial intelligence agency
  • Several countries have pledged to cooperate in strengthening intelligence efforts by cutting off funding sources of terrorists, even if they change their methods

Nusa Dua, Indonesia, August 14, 2016: The Counter-Terrorism Financing (CTF) Summit that was held from August 8 – 11 August 2016 brought together leaders and experts in counter-terrorism financing and financial intelligence from 26 nations to deliver the first Regional Risk Assessment on Terrorism Financing.

The summit was held in Bali, Indonesia and was co-hosted by AUSTRAC, Australia’s financial intelligence agency and its Indonesian counterpart financial intelligence unit Pusat Pelaporan Dan Analisis Transaksi Keuangan (PPATK). They co-led the research and development of the regional risk assessment, with contributions from the FIUs of Malaysia, the Philippines, Singapore and Thailand. With all the reports, they were successful in identifying and understanding the full extent of the threats posed by terrorism financing in the region of Southeast Asia and the Australian region.

With all the reports, they were successful in identifying and understanding the full extent of the threats posed by terrorism financing in the region of Southeast Asia and the Australian region. The four major financial risks to the region were identified as- self-funding from legitimate sources, at-risk non-profit organisations (NPO), fundraising through social media and crowdsourcing, and criminal activity. The risks were assessed in a 48-page document titled- the Terrorism Financing Regional Risk Assessment 2016 report that was published at the meeting.

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When one path is disrupted, terrorists adapt and change their financing methods. Now, the use of stored value cards has increased. The cards can be loaded with cash or through any non-reportable electronic method and easily carried to another country. Cards can be reloaded remotely and anonymously by third parties, meaning that the face value of some cards can understate their value, said the Benar News report.

The report stated that Indonesia is at high-risk zone for each of the four sources. Malaysia for self-funding from legitimate sources and fundraising through social media; while Thailand is at high-risk for self-funding and also at-risk through non-profit organisations.

According to Benar News report, Indonesia faces a high threat of terrorism due to the involvement of Indonesians in the ongoing conflicts in Syria and Iraq, while the status of risk in Malaysia elevated because of threats posed by IS and foreign terrorists.

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Bali summit agrees to stronger collaboration to combat terrorism financing Image Source: thejakartapost.com
Bali summit agrees to stronger collaboration to combat terrorism financing Image Source: thejakartapost.com

“Malaysia continues to be a transit country for recruits for terrorist groups active in other countries,” the report said. 73 Malaysian nationals have joined or attempted to join extremist groups in Syria and Iraq, and at least 19 have been killed, reported Benar News.

The primary method for a tactical, short-term purposes for small-scale attacks in Malaysia is self-funding. The report also stated that a terror group in Indonesia used legitimately sourced funds to finance military training.

Though Non-Profit Organizations (NPOs) in Thailand have diverted money to fund various groups in the country’s Deep South, the level of misuse of NPOs to fund terrorists is lower than expected across the region, stated the report.

Malaysia’s efforts to eradicate terror funding was praised. “in contrast to many regional countries, Malaysia has conducted a comprehensive risk assessment of the sector and has adopted target approaches to risk mitigation.”

Calling the online faction of terrorist funding largely opportunistic, the report states that terrorists are more likely to use it for communication to solicit and broadcast calls for funding rather than actually collecting funds through social media.

Criminal activities such as kidnapping for ransom, theft and robbery remain a key source for funding terrorist groups. The report stated, militants in Indonesia rely on the violent robbery to raise funds while in Thailand, they mainly depend on extortion to raise funds, though they also steal cars and smuggle oil to raise money.

Several countries have pledged to cooperate in strengthening intelligence efforts by cutting off funding sources of terrorists, even if they change their methods. They have outlined a roadmap to combat terrorism in the next Summit that is slated to be held in Malaysia, next year, in 2017.

– prepared by Ajay Krishna of NewsGram. Twitter: @ajkrish14

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How sexual violence in neighbourhood affects your health

Researchers conducted interviews with nearly 350 adults in nine neighbourhoods in a major American city with high rates of poverty, unemployment and crime

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Sexual violence in neighborhood can affect the mental health of women. Pexels
Sexual violence in neighborhood can affect the mental health of women. Pexels
  • Sexual violence in the neighbourhood can harm your health.
  • Neighbourhood plays a vital role in human behaviour.
  • Men can be more aware of what makes women feel insecure.

A study finds sexual violence in the neighbourhood can harm the physical and mental health of women. Neighbourhoods play a key role in the behaviour and development of people, previous studies show and some conditions — such as crime, segregation, poverty and disorder — can have harmful effects on health.

Researchers conducted interviews with nearly 350 adults in nine neighbourhoods in a major American city with high rates of poverty, unemployment and crime.

“Feeling unsafe, especially in and around your home, can erode physical and mental health,” said Dana M. Prince, co-author of the study and assistant professor at the Jack, Joseph and Morton Mandel School of Applied Social Sciences at Case Western Reserve University.

Researchers say men can be more aware of what makes women feel insecure. Pexels
Researchers say men can be more aware of what makes women feel insecure. Pexels

According to the researchers, feelings about the frequency of rape or other forms of sexual assault in a neighbourhood are significantly tied to women’s perceptions of its safety.

“Our results could mean men are less aware of sexual violence, or perhaps they do not feel comfortable reporting that it makes them feel less safe — perhaps both — while women tend to be socialised early on to be aware of the possibility of sexual attack,” Prince added.

Participants were asked how often particular crimes occurred in their neighbourhood in the past six months.

“Our results indicate that men can become more aware of how women feel about what contributes to and threaten their safety,” the researcher said.

The study was published in the Journal of Community Psychology. (IANS)