Inside the FATF’s new terrorist financing report: insights and implications with Jessica Davis and Stephen Reimer

It was great to chat with

Stephen Reimer

, associate fellow with RUSI’s CFS, on the new FATF report on terrorist financing risks on Substack Live earlier today. You can check out the full video above.

We covered a lot of ground, including:

• how input to the FATF report is solicited;

• what struck us as most interesting in the report;

• how the report can be used by governments, financial institutions, and researchers;

• that OnlyFans reference 🫠;

• new technologies (crypto, of course!) and terrorist financing;

• crime and terrorism;

• the uses and abuses of FATF standards;

• the cryptocurrency and hawala mashup;

• and much more!

We were joined by many of you (thanks!), and look forward to doing another one of these soon (maybe). If you think this is a good format, let us know in the comments or by messaging us. We’re eager to hear your thoughts and develop content that suits a broad range of readers. You can reach me here, of course, and you can reach Stephen on LinkedIn.

New Articles

I also wanted to flag a couple of new publications. This week, I published an article with

Lawfare

on how counterterrorist financing tools can be used (and abused) to counter organized criminal groups. Have a read of it here: Lessons from the Ledger.

I also wrote an article for GNet on the recent terrorism case in Canada of the group of military (former, current, and proximate) members seeking to create a “new society” in Canada and their anti-government ideology. You can read it here: “‘A New Society’: Behind Canadian Armed Forces Members’ Plot to Form a Militia and Seize Land.

Have a great rest of the week, and we’ll be back to our regularly scheduled articles next week.

© 2025 Insight Threat Intelligence Ltd. All Rights Reserved.

This newsletter and its contents are protected by Canadian copyright law. Except as otherwise provided for under Canadian copyright law, this newsletter and its contents may not be copied, published, distributed, downloaded or otherwise stored in a retrieval system, transmitted or converted, in any form or by any means, electronic or otherwise, without the prior written permission of the copyright owner.