U.S. Department of State

Legislative Basis for the INCSR

Major Money Laundering Countries in 2004

Introduction

Money Laundering and Terrorist Financing—A Global Threat

Money Laundering and Terrorist Financing: Differences and Similarities
Funding Sources
Movements of Criminal and Terrorist Funds
Combating Money Laundering and Terrorist Financing: An Integrated Approach
Integrating Efforts

Trade Transparency Units

Law Enforcement Cases

Trade-Based Money Laundering

Money Laundering via Gold Smuggling
Smuggling Freon and Tax Evasion: Businessman Laundered Profits through Panamanian Accounts and Shell Corporations
Black Market Peso Investigation Nabbed Prominent Colombian Businessman
Commodity Overvaluation to Hide Tax Fraud

Bulk Cash Movements

Smuggling Drug Cash from U.S. to Mexico: Operation Money Clip

Politically Exposed Persons and Money Laundering

Money Laundering and Political Corruption: Prosecution of Former Ukrainian Prime Minister
Asset Forfeiture and Foreign Official Corruption: Repatriation of Funds to Peru and Nicaragua

Terrorist Financing

Fronting for Hamas: the Holy Land Foundation
Oregon Charitable Organization Supported Chechnyan Terrorists
Narcoterrorism: Arms for the FARC

Human Trafficking and Related Cases and Money Laundering

Adoption Agency Used Cambodian Children in Immigration Fraud and Money Laundering Scheme
Hawala Dealer Arrested for Facilitating Alien Smuggling Ring
Money Laundering and Forced Prostitution

Fraud and Money Laundering

Australian Investor Fraud Scheme
Tax Evasion Scheme Uses Antigua Offshore Bank

Internet Gambling

IRS-CID seizes millions in offshore gaming investigation involving Antigua and Belize

Bilateral Activities

Training and Technical Assistance

Department of State

International Law Enforcement Academies (ILEAs)

Board of Governors of the Federal Reserve System (FRB)

Drug Enforcement Administration (DEA)

Federal Bureau of Investigation (FBI)

Federal Deposit Insurance Corporation (FDIC)

Financial Crimes Enforcement Network (FinCEN)

Internal Revenue Service (IRS)

Office of the Comptroller of the Currency (OCC)

Overseas Prosecutorial Development Assistance and Training & the Asset Forfeiture and Money Laundering Section (OPDAT and AFMLS)

Office of Technical Assistance (OTA)

Treaties and Agreements

Multilateral Activities

United Nations

United Nations Security Council Resolutions
United Nations Security Council Resolution 1373
UN International Convention for the Suppression of the Financing of Terrorism
UN Convention Against Transnational Organized Crime
UN Convention Against Corruption

The Financial Action Task Force

Non-Cooperative Countries and Territories (NCCT) Exercise
Revision of the FATF Forty Recommendations on Money Laundering
Combating the Financing of Terrorism
The FATF and the International Financial Institutions
The FATF 2004 Typologies Exercise

FATF-Style Regional Bodies (FSRBs)

Asia/Pacific Group on Money Laundering
Caribbean Financial Action Task Force
Council of Europe MONEYVAL
Eastern and Southern African Anti-Money Laundering Group
Eurasian Group on Combating Money Laundering and Financing of Terrorism
Financial Action Task Force Against Money Laundering in South America
Middle East and North African Financial Action Task Force
Inter-Governmental Action Group Against Money Laundering

Other Multi-Lateral Organizations & Programs

Caribbean Anti-Money Laundering Programme

The Organization of American States Inter-American Drug Abuse Control Commission (OAS/CICAD) Group of Experts to Control Money Laundering

The Egmont Group of Financial Intelligence Units

Pacific Islands Forum

United Nations Global Programme Against Money Laundering

Major Money Laundering Countries

Country/Jurisdiction Table

Comparative Table

Country Reports

Afghanistan
Albania
Algeria
Andorra
Angola
Anguilla
Antigua and Barbuda
Argentina
Armenia
Aruba
Australia
Austria
Azerbaijan
Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bermuda
Bolivia
Bosnia and Herzegovina
Botswana
Brazil
British Virgin Islands
Brunei
Bulgaria
Burkina Faso
Burma
Burundi
Cambodia
Cameroon
Canada
Cape Verde
Cayman Islands
Chad
Chile
China, People's Republic of
Colombia
Comoros
Congo, Democratic Republic of
Congo, Republic of
Cook Islands
Costa Rica
C�te d'Ivoire
Croatia
Cuba
Cyprus
Czech Republic
Denmark
Djibouti
Dominica
Dominican Republic
East Timor
Ecuador
Egypt, The Arab Republic of
El Salvador
Equatorial Guinea
Eritrea
Estonia
Ethiopia
Fiji
Finland
France
Gabon
The Gambia
Georgia
Germany
Ghana
Gibraltar
Greece
Grenada
Guatemala
Guernsey
Guinea
Guinea-Bissau
Guyana
Haiti
Honduras
Hong Kong
Hungary
Iceland
India
Indonesia
Iran
Iraq
Ireland
Isle of Man
Israel
Italy
Jamaica
Japan
Jersey
Jordan
Kazakhstan
Kenya
Korea, Democratic Peoples Republic of
Korea, Republic of
Kuwait
Kyrgyz Republic
Laos
Latvia
Lebanon
Lesotho
Liberia
Liechtenstein
Lithuania
Luxembourg
Macau
Macedonia
Madagascar
Malawi
Malaysia
The Maldives
Mali
Malta
Marshall Islands
Mauritania
Mauritius
Mexico
Micronesia
Moldova
Monaco
Mongolia
Montserrat
Morocco
Mozambique
Namibia
Nauru
Nepal
The Netherlands
Netherlands Antilles
New Zealand
Nicaragua
Niger
Nigeria
Niue
Norway
Oman
Pakistan
Palau
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Poland
Portugal
Qatar
Romania
Russia
Rwanda
Samoa
San Marino
Sao Tome and Principe
Saudi Arabia
Senegal
Serbia and Montenegro
Seychelles
Sierra Leone
Singapore
Slovak Republic
Slovenia
Solomon Islands
South Africa
Spain
Sri Lanka
St. Kitts and Nevis
St. Lucia
St. Vincent and the Grenadines
Suriname
Swaziland
Sweden
Switzerland
Syria
Taiwan
Tajikistan
Tanzania
Thailand
Togo
Tonga
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan
Turks and Caicos
Uganda
Ukraine
United Arab Emirates
United Kingdom
Uruguay
Uzbekistan
Vanuatu
Venezuela
Vietnam
Yemen
Zambia
Zimbabwe