This book sets itself the simple objective of providing the reader with suffi cient information to enable them to understand the key issues that relate to two of the largest problems faced by fi nancial institutions today: money laundering deterrence and terrorist fi nancing. This is an introductory text, providing outline information to enable the key issues to be understood and the regulatory framework appreciated. Since the market for money laundering and terrorist fi nancing is by its nature global, so is this text. Consequently whilst different rules and regulations are implemented into local legislation, it is the global standards which underpin all of these local requirements. Consequently such global standards as exist at the time of writing this text are included within the book. If you require detailed rules and regulations regarding a specifi c market there are other texts that you should refer to.