2026-NTFRA.pdf

The 2026 National Terrorist Financing Risk Assessment (NTFRA) by the U.S. Department of the Treasury analyzes current terrorist financing threats and vulnerabilities affecting the U.S. financial system, covering groups such as ISIS, al‑Qa'ida, Hamas, Hizballah, HVEs/DVEs, and newly designated cartels; it documents fundraising and transfer typologies (cash, MSBs, P2P, digital assets, sham charities), regional hubs and facilitators, recent enforcement actions, and recommends continued risk‑based oversight and interagency efforts to disrupt terrorist financing.