MONEYVAL publishes Typologies report on ML, TF, and PF linked to conflict proceeds, showing how illicit funds are laundered to finance violence through complex schemes exploiting weak states

The report identifies how armed conflict creates opportunities for criminal and terrorist actors to generate illicit funds through activities such as trafficking, extortion and sanctions evasion, which are then laundered via formal financial systems, cash movements and trade-based schemes. It highlights that weak governance, corruption and disrupted regulatory oversight in conflict-affected regions enable these flows, calling for stronger international cooperation, financial intelligence and targeted risk assessments to detect and disrupt conflict-related illicit finance…