Since 1989, the FATF has led efforts to counter the abuse of the international financial system by criminals. Over the years, governments, intergovernmental and multi-lateral organisations, the private sector and academics have made great progress in understanding the threats of money laundering (ML) and terrorist financing (TF) and the measures to be taken to make the abuse of the financial system for ML/TF purposes more difficult.
But the problem of ML/TF remains and requires ongoing efforts, in particular in the area of detecting and taking enforcement actions against individuals and organisations who conduct these serious illegal activities.
The Global Money Laundering and Terrorist Financing Threat Assessment (GTA) report provides an assessment of the global systemic ML/TF threats. The document is aimed at raising the level of understanding of these threats and their negative impact, and help governments to take decisive action to minimise the harms they can cause.
The report is based on the in-depth typologies studies and the FATF's Strategic Surveillance Initiative. This initiative was established in 2008, with the following objectives:
What the GTA is, what the GTA is not:
This report was prepared by a team of experts from across the globe. They provided important content, peer review and validation throughout the project with the aim of producing this assessment. The project team comprised members from law enforcement and other agencies responsible for identifying and combating ML/TF from 10 jurisdictions and 8 international organisations.
For more information about this report, please contact the FATF Secretariat at : email@example.com.
last updated: 21 Jun. 2012
Global Threath Assessment
Global Threat Assessment, GTA