Professional Money Laundering
- Paris Financial Action Task Force (FATF) 2018
- 53p.
This report by Financial Action Task Force describes the functions and characteristics that define a professional money-launderer, namely those individuals, organisations and networks that are involved in third-party laundering for a fee or commission. The report focused on money laundering threats as opposed to vulnerabilities, addressing criminal actors, including organised crime groups that specialise in the provision of professional money laundering services and complicit actors who are knowingly involved, or are deliberately negligent, in the laundering process.
