Making a Killing: States, Banks, and Terrorism

The International Financial System Is Not Only Economic, But Political. Making A Killing Explores The Often-overlooked World Of Terrorist Financing And The Involvement Of The International Banking System. In Order To Address The Threat Of Terrorist Organizations In A Post-9/11 World – And How They Are Funded And Financed In Particular – The International Community Has Constructed A Vast Architecture Of Counterterrorist Finance Laws, Policies, And Institutions. Connecting The Fields Of Security Studies, Political Economy, And Finance, Ian Oxnevad Argues That A Bank’s Institutional Link To A State (as A State-owned Bank Or A Bank With Strong State Connections) Will Protect It From Any Enforcement Action For Violations Of Anti-money Laundering And Counter-terrorism Financing Regulations. In The Face Of States Blocking Such Enforcement Actions, These Regulations Prove Ineffective In Preventing The Financing Of Terrorism, As The State’s Self-interest Supersedes Its Interest In Preventing Terrorist Financing. Making A Killing Seeks To Assess How Effective New Laws And Regulations Have Been, As Well As To Identify Best Practices For Future Attempts To Counter The Financing Of Terrorism.