29 July, 2010
The 2010 APG Typologies Report is now available for download via the Documents section of the APG website.
The observations and case studies included in this report are intended to assist financial institutions, non-financial businesses and professions (casinos, accountants, lawyers, real estate, etc), law enforcement authorities and policy makers to identify suspicious activity relating to money laundering and terrorist financing. For businesses, these studies have assisted institutions in the past to design programmes to mitigate the money laundering and terrorist financing risk posed to their institutions by criminal activity . These reports also assist businesses to report suspicious activities to law enforcement authorities.
In the coming months, the APG will use this report and other information to focus on emerging regional issues of concern including money laundering linked to human trafficking and large-scale transnational frauds, as well as terrorist financing in the non-profit sector (charities, other public trusts, foundations etc).
The APG's Strategic Plan requires the APG to identify and address issues affecting the nature, extent and impact of money laundering and terrorist financing in the Asia/Pacific region. The strategies to achieve this goal include:
- Holding an Annual Typologies Workshop for law enforcement and regulatory experts (the next of which will be in Dhaka, Bangladesh in October 2010);
- Developing and maintaining a typologies research programme;
- Supporting APG Working Groups to explore specific AML/CFT issues in depth; and
- Supporting and providing typologies education and information exchange programmes among our membership.
For more information click on the "typologies" button at the top of this page.