The Financial Action Task Force (FATF) is an "inter-governmental body whose purpose is the development and promotion of policies, both at national and international levels, to combat money laundering and terrorist financing."
Regarding this July 2010 report, the FATF stated, "The Global Money Laundering and Terrorist Financing Threat Assessment (GTA) report provides an assessment of the global systemic ML/TF threats. The document is aimed at raising the level of understanding of these threats and their negative impact, and help governments to take decisive action to minimise the harms they can cause.
The report is based on the in-depth typologies studies and the FATF's Strategic Surveillance Initiative. This initiative was established in 2008, with the following objectives:
detect and share information on the types of criminal or terrorist activities that pose an emerging threat to the financial system.
develop a more strategic and longer-term view of these threats.
This initiative involves the use of a detailed questionnaire which both FATF and FSRB members respond to on a yearly basis.
What the GTA is, what the GTA is not:
This report was prepared by a team of experts from across the globe. They provided important content, peer review and validation throughout the project with the aim of producing this assessment. The project team comprised members from law enforcement and other agencies responsible for identifying and combating ML/TF from 10 jurisdictions and 8 international organisations."