Financial institutions may play bigger role uncovering fisheries related crimes
Fisheries related crimes should be considered ‘predicate offences’ for money laundering, according to a new report by the Financial Transparency Coalition (FTC), which focuses on the extensive use of forced labour in the fisheries sectors. If illegal, unreported and unregulated (IUU) fishing and the forced…
Inadequate due diligence and beneficial ownership transparency facilitating US$23 billion illegal fishing industry
Lax supply chain due diligence and a lack of beneficial ownership transparency are amongst factors allowing one-fifth of the global fisheries market to be captured by operators involved in illegal, unreported, and unregulated (IUU) fishing, a new report from the Financial Transparency Coalition (FTC) and…
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Trade Based Financial Crime
Trade Based Financial Crime
This online training course provides you with the technical knowledge required to succeed within the trade finance compliance landscape.