FATF Typologies Work
The FATF holds its global typologies exercise each year, which include active participation by the APG and other regional anti-money laundering bodies. Arising from its yearly typologies exercise, the FATF publishes a yearly typologies report to consider priority topics in detail.
Although the FATF has conducted typologies exercises since its beginning, reports of this work have only been made public since the 1995 exercise (released in June 1996). All reports include selected case studies.
FATF-XX 2009
FATF-XIX 2008
- Terrorist Financing
- Money Laundering & Terrorist Financing Risk Assessment Strategies
- Money Laundering & Terrorist Financing Vulnerabilities of Commercial Websites and Internet Payment Systems
- Typologies Report on Proliferation Financing
- Casinos and Gaming Report
FATF-XVIII 2007
FATF-XVII 2006
- Trade Based Money Laundering
- Report on New Payment Methods
- The Misuse of Corporate Vehicles including Trust and Company Service Providers
FATF-XVI (June 2005) - Major topics covered in the report include:
- Alternative Remittance Systems
- Money laundering vulnerabilities in the insurance sector
- proceeds from trafficking in human beings and illegal immigration
FATF-XV (February 2004) - Major topics covered in the report include:
- Wire transfers and terrorist financing
- Non-profit organisations and links to terrorist financing
- The vulnerabilities of the insurance sector to money laundering
- Politically exposed persons (PEPs)
- The role of “gatekeepers” or non financial professions in money laundering
FATF-XIV (February 2003) - Major topics covered in the report include:
- Terrorist financing
- Money Laundering through the securities sector
- The gold and diamond markets
- Insurance and money laundering
- Credit and debit cards and money laundering
FATF-XIII (February 2002) - Major topics covered in the report include:
- Terrorist financing
- Correspondent banking
- Corruption and private banking
- Bearer securities and other negotiable instruments
- Co-ordinated money laundering among organised crime groups
- Introduction of euro banknotes
- Suspicious transaction reporting and money laundering cases
FATF-XII (February 2001) - Major topics covered in the report include:
- On-line banking and Internet casinos
- Trust, other non-corporate vehicles and money laundering
- Lawyers/notaries, accountants and other professionals
- The role of cash vs other payment methods in money laundering schemes
- Terrorist related money laundering
FATF-XI (February 2000) - Major topics covered in the report include:
- On-line Banking: Distinguishing legitimate banking from money laundering services offered through the Internet.
- Alternate Remittance Systems: A world-wide view of their role in money laundering.
- Company formation agents and their services.
- Trade related activities and money laundering.
FATF-X (February 1999) - Major topics covered in the report include:
- The single European currency and large denomination banknotes.
- Offshore financial centres of non-cooperative countries or territories.
- The role of the "foreign legal entity" in money laundering.
- New payment technologies.
- Potential use of the gold market in money laundering operations.
FATF-IX (12 February 1998) - Major topics covered in the report include:
- New payment technologies: Present status and potential vulnerabilities to money laundering.
- Money remittance businesses and activities (both formal and informal).
- Other observed trends (insurance, money exchange, cross-border movements, the gold market).
- Money laundering and non-financial professions (lawyers, notaries, accountants, company formation agents, real estate, sellers of high-value items).
FATF-VIII (February 1997) - Major topics covered in the report include:
- Attempts to estimate the size of the money laundering problem.
- Principal sources of illegal proceeds laundered.
- Main money laundering methods detected in the banking, non-bank financial institution and non-financial business sectors.
- Electronic funds transfers and their vulnerability to money laundering.
- New money laundering counter-measures (legislative, regulatory, etc.).
- Key money laundering trends in non-FATF members.
FATF-VII (28 June 1996) - Major topics covered in the report include:
- In addition to the primary topics mentioned above for FATF-VIII, the group of experts also examined money laundering trends involving the insurance and securities industries.