COVID-19-Related Money Laundering and Terrorist Financing: Risks and Policy Responses   [open pdf - 2MB]

From the Foreword: "The COVID-19 [coronavirus disease 2019] pandemic has led to unprecedented global challenges, human suffering and economic disruption. This paper identifies challenges, good practices and policy responses to new money laundering and terrorist financing threats and vulnerabilities arising from the COVID-19 crisis. It is based on papers shared on 7 and 23 April with the FATF [Financial Action Task Force] Global Network of FATF Members and FATF-Style Regional Bodies (FSRBs), together making up more than 200 jurisdictions. The authors thank the FATF members, observers, the FSRB Secretariats and their members for their contribution to the report. This report was written by Kristen Alma, Shana Krishnan, Colby Mangels and Mei-Lin Wang from the FATF Secretariat. This paper is for information and does not constitute the official view of the FATF. It does not imply or constitute any changes to the FATF Standards. The measures cited, and taken by some FATF members' authorities, have not been reviewed or considered by the FATF membership as a whole."

2020 FATF/OECD. Posted here with permission. Documents are for personal use only and not for commercial profit.
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Financial Action Task Force (FATF): http://www.fatf-gafi.org/
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