Free-trade zones (FTZs) can be attractive to criminal groups as well as legitimate businesses according to a paper published by the Royal United Services Institute’s (RUSI’s) Centre for Financial Crime and Security Studies.

The paper identifies factors that render FTZs vulnerable to illicit trade and financial crime and proposes measures to detect and prevent it.

To explore common challenges and responses that transcend countries’ individual circumstances, it examines four country case studies: Morocco, Panama, Singapore and the UAE. 

You need to be logged in to view this article.

If you are an existing subscriber please enter your credentials to log in.

To become a member of The Association of Trade Finance Compliance Professionals (ATFCP) click here!