Trade-Based Money Laundering: Risk Indicators

The Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog, has published early in March a report on trade-based money laundering risk indicators.

This report will help the public and private sector identify suspicious activity in international trade. 

In accordance with FATF publication, 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.  

The report includes risk indicators on: 
• the structure of the business
• trade activity
• trade documents and commodities
• account and transaction activity

You can find the report on the following link: Trade-Based Money Laundering: Risk Indicators

You can also watch the following video to learn more about the trade-based money laundering:



Source: FATF