MOSCOW (Sputnik) — MONEYVAL’s annual report, evaluating compliance with the principal international standards to combat anti-terrorist financing and money laundering was published earlier on Monday.
"You need money to conduct a terrorist attack, sometimes small amounts, but detecting terrorist financing can help to detect terrorist cells, can prevent terrorism, can deter terrorists, so that’s an important element, it has not been fully exploited yet," Thelesklaf was quoted as saying in a statement published on the Council of Europe website.
MONEYVAL is the Council of Europe’s counter-terrorist financing and anti-money laundering committee. In 2015, it conducted monitoring of 26 jurisdictions by adopting mutual evaluation and follow-up reports.
In 2015 and this year, Europe witnessed several major terrorist attacks, including terrorist attack in Paris, Brussels, Ankara, Istanbul and Nice.