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.
Despite increased awareness and massive investments in combating human trafficking, there is still limited knowledge about traffickers – who they are, why they engage in trafficking, and how they operate. This Special Issue of Anti-Traffic...Read More
This study was carried out to identify and sequence the determinants impacting the Algerian government’s anti-trafficking efforts. As the only study so far to explore the issue of determinants in Algeria, the authors anticipate this report will im...Read More
Switzerland likes to be the exception. Unfortunately, this is also the case when it comes to the direct application of the Council of Europe Anti-Trafficking Convention. Whereas the Convention states clearly that the access to support services must ...Read More
The German government has set a 2020 target for at least 50% of German companies with more than 500 employees to have introduced effective human rights protections. The current coalition Government has agreed to pass laws and push...Read More
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