By Brian Huerbsch
Illegal logging poses real and significant regulatory risk for international financial institutions and corporations, especially those connected, either directly or indirectly, with the global timber industry, or that operate in areas where the industry is prevalent and important to the local economy. Considering the notable increase in regulatory activity over the past decade, the amount of enforcement actions given, and the ballooning size of fines over the past several years, it is clear that illegal logging is a crime that cannot be ignored anymore. Fortunately, this risk can be mitigated properly if strong third-party risk and know your customer (KYC) processes are in place, including enhanced due diligence (EDD) and anti-money laundering (AML) protocols.
The data in this report represents signals and cases from January 1, 2017 through December 31, 2017 and is accurate as of July 11, 2018. Cases of trafficking may be ongoing or new information may be revealed to the National Hotline over time. Conseq...Read More
In August, 2019, Stop the Traffik Kenya (STTK) and Freedom Collaborative (FC), a project operated by Liberty Shared, launched a data collection effort with civil society organisations (CSOs) in Kenya to report known human trafficking and high-risk m...Read More
This project sought to set out the determinants of anti-trafficking efforts, understood as factors shaping governments’ anti-trafficking efforts and influencing compliance with – and implementation of – international standards. It sought to do...Read More
Migration is not a new phenomenon in India. People have moved across the length and breadth of the country for various reasons, including work. Today, India has a burgeoning urban population, which contributes to about 63% of India’s GDP. A large ...Read More
2025 © Copyright, RESPECT International. All Rights Reserved. Website Disclaimer | Privacy Policy
