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Combating the Financing of Terrorism (CFT)

Compliance Global

Regulations and procedures designed to prevent funds from being used to finance terrorist activities. CFT requirements are typically bundled with AML obligations (together referred to as AML/CFT) and require crypto service providers to screen transactions and customers against sanctions lists and report suspicious activities.

Related Terms

Anti-Money Laundering
AML
Know Your Customer
KYC
Suspicious Activity Report
SAR
Travel Rule