In the two years since the first cases of Covid-19 were reported several experts and authorities have endeavoured to establish the impact of the pandemic on trade-based financial crime (TBFC).

But while it is relatively easy to establish increased vulnerabilities in the supply chains fractured by the pandemic, establishing the extent to which Covid-19 has increased or decreased levels of TBFC is difficult, not least because there were no widely accepted measures of TBFC levels before the pandemic struck. Finding actual examples of TBFC enabled by the pandemic is even more difficult.

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