Staunching the flow of money to terrorist groups is a global concern, and a group of banking officials tackled the topic at a conference organized by the Union of Arab Banks in collaboration with the Central Bank of Egypt. The conference, which Al-Monitor attended, was held Sept. 17-19 in Sharm el-Sheikh, Egypt.
An Egyptian banking official explained to Al-Monitor at the conference that well-financed terrorist attacks make it clear that current laws are not enough to win the fight.