Editor’s Note:
The Global Coalition to Counter the Islamic State of Iraq and the Levant (aka Daesh, ISIL, IS) held its first ministerial meeting last December. A month later a task force to combat financing of the group was formed. This week the group met for its third session to advance the program against Daesh funding. The Saudi Press Agency had this report.
ISIL finance combat task group holds 3rd meet in Washington
Washington, Muharram 06, 1437 ,October 19, 2015, SPA — The ISIL finance-combat task group, presided over by each of the Kingdom of Saudi Arabia, United States of America and Italy, held at the headquarters of the U.S. Treasury Department in Washington D.C. its 3rd meeting today.
At the outset of the two-day meeting, the Deputy Secretary of the U.S. Treasury Sarah Bloom Raskin welcomed the 22 delegations, representing central banks, finance ministries, finance intelligence units, ministries of foreign affairs and four multi-lateral organizations.
The meeting held discussions on the understanding of the world community about the financial infrastructure of ISIL, exchange of intelligence information about the issue and other things.
During the meeting, four branch groups in charge of forming new platforms for the members of the coalition to cooperate about special aspects to combat the finance of ISIL were formed. The groups will study how money illegally pours towards the terror organization across the border, through oil trafficking, robbing and selling of antiquities and other financial links with the organization’s members.
The first meeting was held in Rome in March 2015, the second in Jeddah, Saudi Arabia, in May. The task group was established in January 2015, as part of the international coalition against ISIL.
– SPA
READ MORE on this topic:
- Coalition Fighting Daesh (IS, ISIS, ISIL) – SUSRIS Glossary
- Anti-Daesh Coalition Conclave in Belgium – SUSRIS – Dec 4, 2014
- ISIS Finances Are Strong – NY Times – May 19, 2015
- Here’s how ISIS still has access to the global financial system – Business Insider – Mar 24, 2015
