Yachts, private jets, horses, cars, jewellery, high-end watches and art are amongst the assets traded to enable kleptocrats, criminals, sanctions evaders and corrupt government officials to execute global money laundering schemes according to a new report published by Global Financial… Read More ›
Global Financial Integrity (GFI) has published a policy paper that provides five strategic recommendations the administration of new US President Biden and Congress could use to reform the treasury department’s Financial Crimes Enforcement Network (FinCEN) to better protect national security…. Read More ›
The exclusion of artisanal and small-scale miners from the financial system and Switzerland’s opaque banking laws are amongst the factors making Colombia’s gold sector vulnerable to illicit financial flows (IFFs) according to a new report published by Global Financial Integrity… Read More ›
Transparency International Kenya (TI-K), Global Financial Integrity (GFI) and Haki Yetu, a Kenyan NGO focused on human rights have broadcast three radio shows discussing the impact illicit financial flows (IFFs) have had on Kwale County in southern Kenya. The county… Read More ›
Global Financial Integrity (GFI), the Washington-based non-profit best known for its work researching and lobbying to prevent illicit financial flows, has developed a cloud-based risk assessment application to detect misinvoicing. GFTrade provides accurate results efficiently, consistently and with minimal training… Read More ›
The role of Dubai’s free trade zones (FTZs) in trade-based financial crime is examined in a new analysis published by Global Financial Integrity (GFI), the Washington based think-tank focused on illicit financial flows. Free-For-All Zones: The Case of Dubai summarises… Read More ›
Global Financial Integrity (GFI) has published a new study, Sudan and Trade Integrity, examining trade-related illicit financial flows (IFFs) in Sudan’s crude oil and gold sectors. The analysis by the Washington based non-profit that focuses on IFFs indicates potential revenue losses of US$5.7… Read More ›
Global Financial Integrity (GFI) has published an opinion piece entitled Why a Public-Private Partnership is Urgently Needed to Combat Trade-Based Money Laundering. The Washington-based think tank that researches and lobbies against illicit financial flows (IFFs) says it was written by a… Read More ›