What is Money Laundering and Terrorist Financing? Money Laundering is the process through which the authors of criminal activities disguise the origins of money obtained illegally, making such proceeds appear to have derived from a legitimate source. Terrorist Financing is the financing of terrorist acts, and of terrorists and terrorist organisations. Terrorist acts includes acts intended to cause death or serious bodily injury to a civilian, or to any other person not taking an active part in the hostilities in a situation of armed conflict. |