Efforts curtailing terrorist activities intensified on Tuesday as the Anti-Money Laundering Council (AMLC) hosted another summit with partners in Indonesia and Australia.

The summit focused on putting a halt in terrorist financing and brought together leaders in financial intelligence and senior representatives from regulatory, national security, law enforcement, industry and the academe from across the world.

Bangko Sentral ng Pilipinas Governor Benjamin Diokno, who is also the AMLC chairman, explained the importance of collaboration among countries in putting a halt to such activities.

“Fighting terrorism means teamwork among local and international stakeholders. It is through avenues of sharing and potential collaboration across all sectors concerned that we are able to synergize our efforts and ultimately, rethink our strategies in beating terrorists and their financiers at their own game,” Diokno said.

AMLC executive director Mel Georgie Racela highlighted the fruits of the cooperation, citing latest events.

“We are stronger when we work together. For instance, the AMLC has referred 620 intelligence briefs and has conducted nine risk assessment and strategic studies, since 2017,” Racela said.