Trade-Based Money Laundering: Risk Indicators

Trade-based money laundering: risk indicators

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11 March 2021 – The FATF/Egmont report on trade-based money laundering risk indicators will help the public and private sector identify suspicious activity in international trade.   

Trade-based money laundering is one of the most complex and widely used methods of money laundering. Criminals use legitimate trade transactions or networks to disguise and move proceeds of crime around the world.

In December 2020, the FATF and Egmont Group of FIUs published a report on trade-based money laundering – trends and developments The report provided detailed insight into emerging risks. It also outlined a number of best practices to help authorities mitigate this money laundering threat.

The trade-based money laundering: risk indicators supplement this report and will help public and private sector identify possible trade-based money laundering. 

The report includes risk indicators on: 

  • the structure of the business
  • trade activity
  • trade documents and commodities
  • account and transaction activity

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