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, 2018 through December 31, 2018 and is accurate as of July 25, 2019. Cases of trafficking may be ongoing or new information may revealed to the National Hotline over time. Consequen...Read More
This retrospective report provides a historical perspective on the context in which the TVPA (the Trafficking Victims Protection Act of 2000) was crafted, celebrates the major accomplishments of the United States government, and provides a view of t...Read More
The U.S. Department of Labor has prepared the 2021 Findings on the Worst Forms of Child Labor in accordance with the Trade and Development Act of 2000 (TDA). (1) The TDA set forth the requirement that a country must implement its commitments to elim...Read More
Edited by Neil Howard and Sam Okyere. This is the seventh volume of the series Beyond Trafficking and Slavery Short Course. This volume, replete with contributions from world-renowned children’s rights academics and practitioners, argues th...Read More
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