October 31, 2001 - An international authority on global financial crimes since its creation in 1989, the 31-nation Financial Action Task Force (FATF) issues eight new special recommendations to help countries identify and curb terrorist financing. Its recommendations list is updated to nine items in October 2004. By 2005, FATF efforts will identify 397 terrorist-related entities and freeze nearly $147 million in terrorist assets worldwide. (© AP Images)