British charities working in conflict zones are being cut off from millions of pounds worth of funding due to counter-terrorism legislation, a report published on Wednesday suggests.
The paper, produced by the Demos think tank, shows that a wide range of charities, especially those operating in the Middle East, have been affected as major banks continue to shut down bank accounts they believe might be linked to funding terrorist activity.
“Certain users of the banking system deemed to be high risk have found it ever harder to receive, send and store their money,” said the Royal United Services Institute’s (RUSI) director for financial crime and security studies, Tom Keatinge, who authored the report.
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Lucas 2012 Infos 