Washington - A worldwide anti-money laundering alliance - the Financial Action Task Force - opened a two-day meeting here yesterday to track terrorists' cash flows. The US Treasury Secretary, Mr Paul O'Neill, urged the force's members, comprising 29 industrialized countries, to expand their financial crime fight from money laundering to terrorism.
The threat that terrorism poses to the world financial system demands from us an expanded effort to combat the financing of terrorism and terrorist acts," Mr O'Neill said. The taskforce met behind closed doors at the request of the Group of Seven finance ministers.
