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Version date: 5 July 2019 - onwards

Conclusions

79. While this Guidance highlights good approaches taken by jurisdictions in assessing TF risk, jurisdiction experience is continuing to evolve. Likewise, the changing nature of TF threats and vulnerabilities means that relevant information sources which countries will need to consult when assessing TF risk will change to some extent over time. This report recognises that lower capacity jurisdictions often face additional challenges in assessing TF risk, despite terrorist organisations often targeting isolated communities within such jurisdictions for support. For such jurisdictions, it is vital that efforts to assess TF risk include community engagement, and consider broader criminal networks and activities, which terrorist organisations often draw on to raise, and move, funds or other assets. This report has highlighted a number of examples of regional information sharing initiatives on TF. Such initiatives are vital to deepening the understanding of TF risk in certain regions, and going forward there is a need for enhanced information sharing on TF risk within regions which face similar TF threat profiles. This report also highlights that understanding TF risks linked to larger terrorism organisations as well as individual perpetrators often requires a close analysis of a large amount of financial data. For developed countries with large financial and trade flows, the development of smart solutions in order to cope with "big data" and the continued development of multi-agency information sharing mechanisms will likely be important in ongoing efforts to identify and assess TF risk.