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 research examines the practices and policies of labour inspectorates and the Metropolitan Police and their relationship with the Home Office’s Immigration Enforcement team. Findings are based on these agencies engagement with immigration enfor...Read More
Testimony by the Texas Department of Family and Protective Services on the human trafficking of domestic minors. In recent years, there has been increased awareness of a large number of children who are U.S. citizens and are being trafficked. Th...Read More
This September 2019 report offers an extensive analysis of the corporate controlled audit industry, connecting the dots between the most well known business-driven social compliance initiatives, such as Social Accountability International, WRAP, the...Read More
The Chinese government has facilitated the mass transfer of Uyghur and other ethnic minority citizens from the far west region of Xinjiang to factories across the country. Under conditions that strongly suggest forced labour, Uyghurs are working in ...Read More
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