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.
Venture capitalists shape the future of technology, and with it the future of our economies, politics, societies and fundamentally, our human rights. They decide which new technologies and technology companies will receive early-stage funding. This,...Read More
This briefing paper by Liberty Shared sets out recent improvements to the transparency of supply chains and analysis techniques and resources being increasingly applied by civil society to identify where exploitative activities exist in a supply chai...Read More
The anti-trafficking Somali Civil Society Organisations (CSO) Coalition, Freedom Collaborative and GIZ, working under the Better Migration Management (BMM II) programme, are pleased to share a new report on Somali human trafficking and risky migrati...Read More
The international community has declared that the persistence of child labour in today’s world is unacceptable and, in the Sustainable Development Goals, has renewed its commitment to eliminating all forms of child labour by 2025. This report aims...Read More
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