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.
This report presents a summary of findings from two case studies conducted in Burma on the intersection of labor, environmental, and social risk in the cultivation of bananas and informal logging in northern Burma. These case studies were conducted ...Read More
The Center’s report includes a series of practical recommendations for how clothing brands and retailers can establish more constructive relationships with outsourced suppliers, with the goal of protecting the human rights and economic well-being ...Read More
Hundreds of migrant victims of human trafficking or labour exploitation are identified in Finland each year. Human trafficking is a serious crime that violates human rights and personal liberty and integrity. The consequences of exploitation and its...Read More
The unprecedented crisis that COVID-19 has suddenly unleashed upon the. world is affecting all aspects of society and is likely to have an effect on the routes and characteristics of both regular and irregular migration. Smuggling of migrants and tr...Read More
2025 © Copyright, RESPECT International. All Rights Reserved. Website Disclaimer | Privacy Policy
