Money Laundering Typologies 2003-2004

This report on the 2003-2004 typologies exercise describes key conclusions for each of the following subject areas as they have been developed from the three workshops, the general meeting of experts and the written material provided by participating delegations before the meeting. 

Wire transfers and their relation to terrorist financing

Non-profit organisations and links to terrorist financing

Money laundering vulnerabilities in the insurance sector

Politically exposed persons

Gatekeepers and money laundering

The report includes case examples taken from the written contributions and presentations made during the meeting. The texts of these examples are reproduced here – wherever possible – as they were submitted for the exercise. However, country names, currencies and certain other details have been modified in order to protect sensitive aspects of any cases cited here.

Since the publication of this report, the FATF has published a series of  addressing specific issues.