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 discussion paper aims to provide practitioners working with business, human rights and/ or sustainable development with an overview of the connections between human rights, responsible business conduct and the 2030 Agenda for Sustainable Devel...Read More
Organized by the OSCE Office of the Special Representative and Co-ordinator for Combating Trafficking in Human Beings (OSR/CTHB), in co-operation with the Ministry of Foreign Affairs of the Russian Federation, the Conference on “Public-Private Partnership in the Fight Against Human...
The report identifies numerous potential liabilities for palm oil buyers and investors to consider when making investments in this sector to avoid facilitation and profit generation from labour abuses and failure to take action to address these issue...Read More
New research by ECPAT UK, Anti-Slavery International and Pacific Links Foundation traces the journeys made by Vietnamese children and adults migrating irregularly from Vietnam to the UK via Europe. The report, Precarious Journeys: Mapping Vulnerabi...Read More
2025 © Copyright, RESPECT International. All Rights Reserved. Website Disclaimer | Privacy Policy
