The Financial Action Task Force (FATF) has published a report entitled Best practices paper on trade based money laundering.

The FATF considers that abuse of the international trade system by criminals is likely to become more common, as FATF's anti-money laundering and counter-terrorist financing standards become increasingly effective. The objective of the best practices paper is to improve the ability of competent authorities to collect and effectively utilise trade data, both domestically and internationally, for the purpose of detecting in a risk-based manner money laundering and terrorist financing through the trade system.

View Best practices paper on trade based money laundering, (PDF 70.2KB), 20 June 2008