May to Urge G-20 to Coordinate on Tracking Terrorist Finances
- U.K. prime minister will say banks and police should cooperate
- Tracing even small sums can help to identify planned attacks
Geopolitical Tensions Simmer at G-20
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Theresa May will use the Group of 20 summit in Hamburg to call for international coordination to track even small sums of money being transferred between terrorist groups.
The British prime minister will argue that new technology is needed to monitor such transactions, as they can provide clues to coming attacks. She’ll say that parts of the international finance system act as “safe spaces” for Islamic State and related groups, and suggest partnerships between police and banks to spot suspicious activity.