Another context for illicit financial flows is between smugglers themselves. Transfers occur when one smuggler, based in one ...

Illicit massage businesses (IMBs) are not just a public morals problem or a vice squad headache. They are systematic engines for human trafficking, cash-intensive money laundering, and in certain ...

Chinese authorities have launched investigations into more than 1,500 cases involving nearly 30 billion yuan ($4.2 billion) ...

Recent estimates by the Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) suggest Africa has lost about $88.6 trillion through illicit financial flows COMMENT | JULIUS ...

U.S. Representatives Zach Nunn (R-Iowa) and Jim Himes (D-Conn.) reintroduced a bill to help combat illicit finance and terrorist financing on digital asset platforms after the previous version passed ...

Global financial crime watchdog, the Financial Action Task Force (FATF) and Asia/Pacific Group on Money Laundering (APG) in a report published today, revealed that Malaysia has further strengthened ...

The Premier League is currently vulnerable to new investors and team owners who could have sourced their wealth from illicit activities. That's according to a recent paper which is the latest to raise ...

The intricate web of illicit financial flows draining Africa’s wealth, focusing particularly on trade mis-invoicing, the role of multinational corporations, regulatory shortcomings, the Nigerian ...

Illicit Financial Flows through tax evasion, profit shifting, money laundering, and trade mis-invoicing do not merely represent financial wrongdoing. They constitute a structural drain on our economy, ...

Stablecoins now account for most illicit on-chain activity, according to the Financial Action Task Force (FATF). Mass adoption of stablecoins will amplify illicit finance risks, particularly when it ...