Association of Trade Finance Compliance Professionals Association of Trade Finance Compliance Professionals Association of Trade Finance Compliance Professionals
  • Toggle menu
    Association of Trade Finance Compliance Professionals Association of Trade Finance Compliance Professionals Association of Trade Finance Compliance Professionals
    • Home
    • Membership
    • Conferences
    • Certification
    • Training
    • News
    • Jobs
    • About us

    Banks’ role in enabling graft under scrutiny after South African commission publishes part one of its state capture report

    by admin January 19, 2022

    South Africa’s banks are bracing themselves for further findings of the judicial commission of inquiry into allegations of state capture after the first part of its report recommended that authorities investigate Nedbank and its employees over their alleged roles in a corrupt contract. Nedbank strongly…

    Trade Based Financial crimes News

    South Africa’s understanding of trade-based financial crime limited says FATF

    by admin October 13, 2021

    South Africa has been given 18 months by the Financial Action Task Force (FATF) to improve its capacity to track and prosecute money laundering and terrorist financing or face being including on the so-called FATF grey-list. The Mutual Evaluation Report of South Africa published this…

    news, Trade Based Financial crimes News

    Mbeki continues campaign against trade-based financial crime, calls on ALSF to focus more on IFFs

    by admin October 1, 2021

    “The African Legal Support Facility (ALSF) must assist African countries to negotiate fair and balanced contracts to eliminate opportunities for illicit receipt, use, or transfer of funds,” says former president of South Africa and current chair of the African Union’s High-level Panel on Illicit Financial…

    Trade Based Financial crimes News

    Fight against corruption and IFFs key plank in South Africa’s economic recovery plan

    by Mark Ford December 9, 2020

    South African President Cyril Ramaphosa has said his government is intensifying its fight against corruption and illicit financial flows (IFFs) as an integral part of its plans to revive the country’s economy in the wake of the coronavirus pandemic.  In an address outlining the country’s…

    Trade Based Financial crimes News

    South Africa loses US$300 billion through capital flight, over-invoicing and under-invoicing

    by Mark Ford October 16, 2020

    An institute based at the University of Massachusetts has published a paper examining mechanisms, actors, enablers, and the institutional environment that facilitate capital flight from South Africa and the resulting accumulation of private wealth in offshore financial centres. The paper published by the Political Economy…

    Trade Based Financial crimes News

    South African working group reports progress in tackling trade-based financial crime

    by Mark Ford May 4, 2020

    The South African government’s illicit financial flows Inter-Agency Working Group (IAWG) has told a parliamentary committee that in 2018 and 2019 it has managed to conclude two cases and recover 400 million rand (R400 million – US$22.7 million) in illicit financial flows (IFFs). The IAWG…

    Trade Based Financial crimes News
    • Log In
    • Sign Up

    Latest news

    0
    Canada legislates to disrupt trade-based financial crime
    By admin
    0
    US senators introduce bill to combat cross-border financial crimes
    By admin
    0
    Transparency International calls for a harmonised EU approach on beneficial ownership access
    By admin

    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.

    More info

    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

    Online Training

    • Supply Chain Finance
    • Sustainability in Trade and Trade Finance
    • Incoterms Online training
    • Trade Based Financial Crime
    • Introduction to Trade Finance
    • Going Global
    • UCP 600 Training
    • ISBP 745 Training
    • URC 522 Training
    • URDG 758 Training
    • ISP98 Training
    • URBPO 750 Online Training
    • ICC Opinions
    • DC Insight
    • ICC Court of Arbitration

    Products

    • Supply Chain Finance
    • Sustainability in Trade and Trade Finance
    • Trade Based Financial Crimes
    • Going Global
    • ISBP Online
    • Trade Finance – ICC Digital Library
    • ICC Arbitration Online training

    Latest Articles

    • Canada legislates to disrupt trade-based financial crime
    • US senators introduce bill to combat cross-border financial crimes
    • Transparency International calls for a harmonised EU approach on beneficial ownership access
    • Financial institutions may play bigger role uncovering fisheries related crimes
    • FATF amends recommendation that led countries to apply disproportionate measures on NPOs

    Professional Qualifications

    Certificate in Trade Finance Compliance (CTFC) CTFC is the new industry certification designed to tackle trade finance based crimes across the globe.

    More info

    Get in touch

    • ATFCP Contact @ Coastline Solutions
    • Tel:  + 353 1 2352166
    • Email:  info@coastlinesolutions.com
    • LinkedIn: Coastline-Solutions
    • Twitter: @CoastlineTF

    The Association of Trade Finance Compliance Professionals (ATFCP) © All rights reserved.