Out with the Old and … In with the Old? A Critical Review of the Financial War on Terrorism on the Islamic State of Iraq and Levant
The aim of this article is to critically consider the effectiveness of the “Financial War on Terrorism” on the funding streams of the Islamic State of Iraq and Levant (ISIL). The article begins by identifying that the origins of the “Financial War on Terrorism” can be found in the international efforts to tackle money laundering. It then moves on to consider if the “Financial War on Terrorism” is able to tackle the funding streams of ISIL. The article concludes that the “Financial War on Terrorism” is no longer fit for the purpose to tackle the funding streams of ISIL.
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