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 2018 report by NetClean looks at police officers’ experiences and perspectives of self-produced material, organised offenders, obfuscation techniques, cryptocurrencies and deepfakes; as well as at employers’ experiences and perspectives ...Read More
This ASSESSMENT MATRIX explains how to measure evidence of national legislative and policy responses to sexual exploitation of children in the context of travel and tourism as identified in the legal checklist. Measurable indicators for each of the ...Read More
Britain is in an employment crisis. Labour shortages are hitting record highs and firms are recruiting from abroad which is costly. At the same time there are currently more than 7,000 survivors of modern slavery who are being supported by the G...Read More
Hundreds of refugees and migrants are dying each year, and thousands more are suffering extreme human rights abuses, at the hands of smugglers, traffickers, militias and State authorities, on journeys from West and East Africa towards and inside Lib...Read More
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