Integrity of the global trade system and financial industry under threat from TCOs, collaboration needed says WCO and Egmont Group

The integrity of the global trade system and financial industry as well as both regional and global security are under growing threats posed by transnational criminal organisations (TCOs) and terrorist organisations according to the World Customs Organisation (WCO) and the Egmont Group (EG) of Financial…

Tightening the screws on Russian sanctions, more help expected from US banking and financial services sector

The banking and financial services sectors have been “enormous partners” throughout the information sharing effort to combat Russian sanctions evasion according to the US justice department’s director of Task Force KleptoKapture, Andrew Adams. Now, he says, the department wants to introduce additional means to prevent…