Swiss perspectives in 10 languages

Switzerland joins taskforce aimed at countering flow of money to Hamas

Hamas fighter with rocket launcher.
Since 1,200 people were killed in the October 7 attack against Israel, the US, UK and allies have sought to cut off funding for Hamas, which has been designated a terrorist group by Washington and other governments. Keystone / Adel Hana

Switzerland has joined an international taskforce, which brings together twelve countries includes the United States, Britain and Israel, aimed at countering the flow of money to the militant Palestinian group Hamas and supporting anti-terrorism efforts.

The Counter Terrorist Financing Taskforce – Israel (CTFTI) was set up after Hamas’s attack against Israel on October 7.

+ Swiss government decides to ban Hamas

A statement published by the US Treasury Department on Monday showed that Switzerland is a member of the taskforce, together with Israel, the United States, Australia, Canada, Estonia, France, Germany, Liechtenstein, Luxembourg, the Netherlands, New Zealand and the United Kingdom.

+ How easy is it for Switzerland to declare Hamas a terrorist organisation?

One of the main aims of the CTFTI is to pool and strengthen efforts to combat international financial flows to Hamas, according to the US Treasury. The anti-money laundering authorities of each member country are active in the taskforce.

Switzerland is represented by the Money Laundering Reporting Office (MROS), overseen by the Federal Office of Police (fedpol).

This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles. You can find them here

If you want to know more about how we work, have a look here, and if you have feedback on this news story please write to english@swissinfo.ch.

External Content
Your subscription could not be saved. Please try again.
Almost finished… We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you.
Daily news

Get the most important news from Switzerland in your inbox.

Daily

The SBC Privacy Policy provides additional information on how your data is processed.

Popular Stories

Most Discussed

News

UNRWA provides emergency assistance to just over one million Palestine refugees, or about 75 per cent of all Palestine refugees in Gaza, who lack the financial means to cover their basic food.

More

Lazzarini: no alternative to UNRWA in Gaza

This content was published on The only alternative to the UN Palestinian agency’s work in Gaza is to allow Israel to run services there, Philippe Lazzarini, UNRWA Commissioner-General, told reporters in Geneva on Monday.

Read more: Lazzarini: no alternative to UNRWA in Gaza
Antibiotic use on the rise again in Switzerland

More

Rise in use of antibiotics in Switzerland

This content was published on The consumption of antibiotics has risen in Switzerland since the Covid-19 pandemic. However, compared to other European countries the Alpine country has one of the lowest levels of antibiotic usage.

Read more: Rise in use of antibiotics in Switzerland
Bolton: "Switzerland must join NATO, neutrality with no future"

More

John Bolton insists Switzerland should join NATO

This content was published on Switzerland should join NATO, as in the future it cannot rely on its long-standing tradition of neutrality for its defence, John Bolton, Donald Trump's former national security adviser, declared in an interview on Sunday.

Read more: John Bolton insists Switzerland should join NATO
Russian opponents demonstrate in Geneva against the Putin regime

More

Russian Putin critics demonstrate in Switzerland

This content was published on A demonstration was held in Geneva on Sunday calling for an immediate end to the war in Ukraine. Around 50 Russians took part in the gathering outside the UN building.

Read more: Russian Putin critics demonstrate in Switzerland

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here . Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR