Transactions related to the financing of international terrorist groups consisted mainly of funds transfers to countries of concern for such activity including Iraq, Lebanon, Pakistan, Syria, Turkey, the United Arab Emirates and Yemen.
… Within the analyzed disclosures, the most frequently identified international terrorist group was Daesh, also known as the Islamic State of Iraq and the Levant, followed by Hezbollah, the alert says.
“A large portion of the funds suspected of supporting Daesh were sent to Turkey, often to regions or towns close to the Turkey-Syria border, a particular high-risk region for terrorist activity financing.”
Funds suspected of bankrolling Hezbollah were frequently sent or received by people or organizations referring to the sale of cars or listed in the automotive industry.
In typical lets not offend the offensive style the agency does not breakdown its disclosures by terrorist type: “Using the information gleaned from Canadian businesses, the centre made 355 disclosures in 2021-22 to Canada’s law enforcement and national security agencies in support of investigations related to terrorist activity financing.”
