EU-funded programme to monitor illicit online environmental crime with AI and open-source intelligence
A new, three-year EU-funded programme will use artificial intelligence (AI) and cutting-edge digital analysis to produce new responses to environmental crime. Implemented by the Global Initiative Against Transnational Organised Crime (GI-TOC), Eco-Solve aims to provide law enforcement, policymakers, and local communities with invaluable information to…
Mis-invoicing ‘pervasive’ in trade in illicitly sourced timber, gemstones and abalone
The subjective nature of the value of illicitly sourced timber, gemstones and abalone facilitates mis-invoicing, trade-based money laundering and evasion of customs duties, according to a new report by the Global Initiative Against Transnational Organised Crime (GI-TOC). Formal financial systems meanwhile play a key role…
Trade misinvoicing concerns in south eastern Europe heightened by the Ukraine war
Trade misinvoicing remains the most prominent channel through which illicit financial flows (IFFs) flow in and out of the western Balkan states in south eastern Europe according to a new report by the Global Initiative Against Transnational Organised Crime (GI-TOC).
Gold laundering routes from South Sudan to Dubai via Kenya and Uganda revealed
The Global Initiative Against Transnational Organised Crime (GI-TOC) has published a report that presents strong indications that millions of US dollars’ worth of gold is being produced and smuggled out of South Sudan. Tarnished hope; Crime and corruption in South Sudan’s gold sector also outlines…
Trade a key channel for transferring millions of illegally obtained euros through Bosnia and Herzegovina, Montenegro and Serbia
Trade is one of the three mechanisms or ‘channels’ – alongside cash movement and the financial system – identified for transferring millions of illegally obtained euros generated from corruption, tax evasion and organised crime through Bosnia and Herzegovina, Montenegro and Serbia every year according to…
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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.