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.
Often consumers in Western Europe believe that “Made in Europe” is a synonym for working conditions that are better than in production countries in Asia. This report shows that this is not always the case, and that problematic working conditions...Read More
The Human Trafficking Initiative works to address the issue of child sex trafficking in Greater Atlanta. Sexual exploitation is the most damaging form of child abuse.
The practice of sending large numbers of labourers abroad is a direct consequence of the situation the Democratic People’s Republic of Korea (DPRK) faces domestically and is made possible by the international networks that DPRK institutions, busin...Read More
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
2025 © Copyright, RESPECT International. All Rights Reserved. Website Disclaimer | Privacy Policy
