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.
Edited by Joel Quirk and Julia O’Connell Davidson. This is the sixth volume of the series Beyond Trafficking and Slavery Short Course. Slavery cannot be reduced to a chapter in history that is now closed, but must instead be regarded as a c...Read More
Annual report of the Attorney General on efforts to combat human trafficking in the US. Provides and assessment of all U.S. Government activities regarding human trafficking in 2012. Details activities related to immigration benefits for victims, ...Read More
Climate change is devastating the planet, leading to intensifying global inequality as well as disputes over land, water, and scarce resources. People are being driven to migrate within and across borders in search of resources and income, making th...Read More
The following information is based on incoming communication with the National Human Trafficking Hotline from January 1, 2016 – December 31, 2016 about human trafficking cases and issues related to human trafficking in Utah. ...Read More
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