Trade-based financial crime a focus of FinCEN’s new AML/CFT Priorities
The US treasury department’s Financial Crimes Enforcement Network (FinCEN) is mulling different measures to combat trade-based financial crime as it considers what are expected to be sweeping new US priorities in anti-money laundering and counter financing of terrorism (AML/CFT) compliance (Trade-based Financial Crime, 5 July…
Expert warns of state-sponsored trade-based money laundering
An analyst who specialises in the means through which some states under authoritarian rule, terrorists, and criminals use free markets to restrict freedom has warned of the dangers of state-sponsored trade-based money laundering. In a piece for The Hill news website, Clay Fuller argues that…
