FATF sets key priorities for wider partnerships to counter money laundering from environmental crime
A new report published by the Financial Action Task Force (FATF) shows the significant role of trade-based fraud and misuse of shell and front companies to launder gains from illegal logging, illegal mining, and waste trafficking. Criminals meanwhile comingle legal and illegal goods early in…
New FATF report underlines connections between trade-based fraud and environmental crimes
Criminals frequently use trade-based fraud and shell and front companies to launder proceeds from environmental crime according to a new report to be published today by the Financial Action Task Force (FATF). At the end of its annual plenary session last week, the FATF announced…
