Excerpt: “This landmark report draws on case studies and expertise from across the FATF’s Global Network. It aims to provide an updated and more precise understanding of the financial flows behind these heinous crimes and enhance both the private and public sectors’ ability to detect, disrupt and investigate online child sexual exploitation. Our report examines two distinct types of online child sexual exploitation: 1) Live-streamed Sexual Abuse of Children (LSAC) – the broadcasting of real-time, sexual abuse of children, for financial gain. Specifically, the real time transmission or sharing of any material depicting a child in sexual activity, either alone or with other persons, that consumers pay to watch remotely; and 2) Financial Sexual Extortion of Children (FSEC) – the threat of exposing sexually explicit images or videos of a child unless they meet financial demands. … With financial intelligence playing a critical role in combating this heinous crime, the report provides recommendations to stakeholders, including FATF Global Network members, on how they can improve their understanding and ability to combat these crimes in the future.”