It is a big job for a five-person team in a converted apartment block in Paris. It has a co-ordinating role rather than an active one, so experts from the OECD's 30 member states do most of the detailed work. To date, its rules are well-respected - although not always universally observed. And privately, FATF officials fear that governments are too ready to lump money laundering together with terror funding, minimising the differences in scale and technique between the two and thus blunting their armoury.