
Misinvoicing amongst TBML typologies used to cover up environmental crime
Allowing environmental, conservation, and anti-corruption organisations to access export invoices and trade data to identify misinvoicing could help curb environmental crime, including illegal mining, logging, fishing, and wildlife trafficking, according to a virtual convention on environmental crime related illicit financial flows.
Transparent beneficial ownership information, legislation to prevent professional service providers facilitating money laundering and corruption as well as stronger collaboration between stakeholders involved in curbing environmental crimes could also help, the convention which focused on the US’ role in this type of crime concluded.
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