Money Laundering and Terrorist Financing Risks Arising from Migrant Smuggling

This report aims to update the understanding of money laundering and terrorist financing (ML/TF) risks associated with migrant smuggling to help countries mitigate the risks, and disrupt and recover the proceeds – an important driver of this crime. It focuses on several relevant parameters associated with the ML/TF risks, in particular the geographical routes, structure of migrant smuggling organisations and networks and, to a lesser extent, the impact of COVID-19. The report also considers the mitigating measures in place.