CFT
Combating the Financing of Terrorism
Example
You see the Cayman Islands is still on FATF's CFT watchlist?
Surprising no one
CFT definition by Slang.net
This page explains what the acronym "CFT" means. The definition, example, and related terms listed above have been written and compiled by the Slang.net team.
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Laws and regulations aimed at restricting terrorist groups' access to funding are referred to as CFT measures. In large part, these policies are drawn from recommendations made by the Financial Action Task Force (FATF), an international group tasked with creating standardized CFT processes that countries and law enforcement organizations can enact.
Because many terrorist groups receive laundered funds, many CFT measures are also AML (anti money laundering) measures. You may also see CFT policies referred to as Counterfinancing of Terrorism or Countering the Financing of Terrorism policies.