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 agenda is a plan of action for people, planet and prosperity. It seeks to strengthen uni- versal peace in larger freedom. The agenda recognizes that eradicating poverty in all its forms and dimensions, including extreme poverty, is the greatest g...Read More
There is a highrisk of exploitation within the hotel sector due to its vulnerable workforce, complex supply chains with little transparency, and limited oversight from brands and multinational hotel companies as a result of extensive franchising. In...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
Edited by Sam Okyere and Prabha Kotiswaran. This is the eighth volume of the series Beyond Trafficking and Slavery Short Course. Women and girls, 'new abolitionists' say, are disproportionately affected by trafficking because of their preval...Read More
2025 © Copyright, RESPECT International. All Rights Reserved. Website Disclaimer | Privacy Policy
