Single window customs portal expected to curb TBML in Pakistan says former finance minister
Pakistan’s new national single window customs portal, which allows traders to submit and access all relevant documents relating to a trade via a single electronic gateway, is expected to curb trade-based money laundering (TBML) according to a former finance minister. Shaukat Tarin, who is now…
news, Trade Based Financial crimes News
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.
Tags
Africa
AML
AML/CFT
AML/FCT
anti-money laundering
anti-money laundering (AML)
Artificial intelligence
Asia
beneficial ownership
blockchain
China
Corporate Transparency Act
counter financing of terrorism
Data discrepancies
economic sanctions
European Commission
FATF
Financial Action Task Force (FATF)
Financial crime compliance
Financial Crimes Enforcement Network (FinCEN)
FinCEN
Hong Kong
IFFs
illegal wildlife trade
Illicit financial flows
letter of credit
letter of credit money laundering
Money laundering
OECD
Office of Foreign Assets Control (OFAC)
Pakistan
Russia
Sanctions
suspicious activity reports (SAR)
suspicious transaction reports (STR)
TBML
trade-based financial crimes
Trade-based money laundering (TBML)
trade based money laundering
Trade misinvoicing
UK
under-invoicing
US
US sanctions
US Treasury Department