The XXX Plenary of Representatives of GAFILAT approved the conduct of a Regional Threat Assessment Study on Money Laundering (ML) and Terrorism Financing (TF) in the member countries of the Financial Action Task Force of Latin America (GAFILAT). This report falls within the framework of Recommendation 1 of the International Financial Action Task Force (FATF), fully embraced by GAFILAT, which urges countries to periodically identify, assess, and understand ML/TF risks, designate an authority to coordinate these actions, share risk information nationally and internationally, review risk assessments of financial institutions, and implement appropriate measures. The study, focused on identifying threats, vulnerabilities, and consequences of ML, does not aim to assess regional risks but to provide a basis for future national or regional assessments. Its structure includes an initial section defining the concept of threat, outlining the methodology used, and presenting the conclusions obtained.