Contents -- Foreword -- Acknowledgments -- Abbreviations and Acronyms -- Introduction: How to Use this Reference Guide -- Part A: The Problem and the International Response -- Chapter I: Money Laundering and Terrorist Financing: Definitions and Explanations -- A. What Is Money Laundering? -- B. What Is Terrorist Financing? -- C. The Link Between Money Laundering and Terrorist Financing -- D. The Magnitude of the Problem -- E. The Processes -- F. Where Do Money Laundering and Terrorist Financing Occur? -- G. Methods and Typologies -- Chapter II: Money Laundering Impacts Development -- A. The Adverse Implications for Developing Countries -- B. The Benefits of an Effective AML/CFT Framework -- Chapter III: International Standard Setters -- A. The United Nations -- B. The Financial Action Task Force on Money Laundering -- C. The Basel Committee on Banking Supervision -- D. International Association of Insurance Supervisors -- E. International Organization of Securities Commissioners -- F. The Egmont Group of Financial Intelligence Units -- Chapter IV: Regional Bodies and Relevant Groups -- A. FATF-Style Regional Bodies -- B. Wolfsberg Group of Banks -- C. The Commonwealth Secretariat -- D. Organization of American States-CICAD -- Part B: The Elements of an Effective AML/CFT Framework -- Chapter V: Legal System Requirements -- A. Criminalization of Money Laundering -- B. Criminalization of Terrorism and the Financing of Terrorism -- C. Seizure, Confiscation, and Forfeiture -- D. Types of Covered Entities and Persons -- E. Supervision and Regulation-Integrity Standards -- F. Laws Consistent with Implementation of FATF Recommendations -- G. Cooperation Among Competent Authorities -- H. Investigations -- Chapter VI: Preventive Measures -- A. Customer Identification and Due Diligence -- B. Record Keeping Requirements -- C. Suspicious Transaction Reporting.

D. Cash Transaction Reporting -- E. Balancing Privacy Laws with Reporting and Disclosure Requirements -- F. Internal Controls, Compliance and Audit -- G. Regulation and Supervision-Integrity Standards -- H. Legal Entities and Arrangements -- Chapter VII: The Financial Intelligence Unit -- A. Definition of a Financial Intelligence Unit -- B. Core Functions -- C. Types or Models of FIUs -- D. Possible Additional Functions -- E. Organizing the FIU -- F. Privacy Safeguards -- G. Information and Feedback -- Chapter VIII: International Cooperation -- A. Prerequisites for Effective International Cooperation -- B. General Principles of International Cooperation Against Money Laundering -- C. International Cooperation Between FIUs -- D. International Cooperation Between Financial Supervisory Authorities -- E. International Cooperation Between Law Enforcement and Judicial Authorities -- F. Considerations for Fiscal Matter Offenses -- Chapter IX: Combating the Financing of Terrorism -- A. Ratification and Implementation of United Nations Instruments -- B. Criminalizing the Financing of Terrorism and Associated Money Laundering -- C. Freezing and Confiscating Terrorist Assets -- D. Reporting Suspicious Transactions Related To Terrorism -- E. International Cooperation -- F. Alternative Remittance Systems -- G. Wire Transfers -- H. Non-Profit Organizations -- I. Cash Couriers -- J. Self-Assessment Questionnaire on Terrorist Financing -- Part C: The Role of the World Bank and International Monetary Fund -- Chapter X: World Bank and International Monetary Fund Initiatives to Fight Money Laundering and Terrorist Financing -- A. Awareness Raising -- B. Development of a Universal AML/CFT Assessment Methodology -- C. Building Institutional Capacity -- D. Research and Analysis -- Annexes -- I. Websites for Key Organizations, Legal Instruments, and Initiatives.

II. Other Useful Websites and Resources -- III. United Nations Anti-Terrorist Conventions Referred to in the International Convention for the Suppression of the Financing of Terrorism -- IV. The Financial Action Task Force Forty Recommendations on Money Laundering and Interpretative Notes -- V. The Financial Action Task Force Special Recommendations on Terrorist Financing -- VI. The Financial Action Task Force Interpretative Notes and Guidance Notes for the Special Recommendations on Terrorist Financing and the Self-Assessment Questionnaire -- VII. Cross-Reference of The Forty Recommendations to Reference Guide -- VIII. Cross-Reference of the Special Recommendations to Reference Guide -- Diagrams -- The Processes of Money Laundering and Financing of Terrorism.