New guidance from FATF on trade finance money laundering risks

New guidance from FATF on trade finance money laundering risks

New guidance from FATF on trade finance money laundering risks (Original article by John Basquill, in GTR) Financial crime authorities are upping efforts to tackle trade-based money laundering (TBML), urging lenders to watch for complex corporate structures or trade flows, circular payment arrangements and inconsistencies in documentation. The warnings feature in new guidance from the […]
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Agritrade, Hin Leong, ZenRock, Hontop, Sugih Energy : Frauds in 2020

Agritrade, Hin Leong, ZenRock, Hontop, Sugih Energy : Frauds in 2020 Commodity Finance Fraud In 2020, commodity finance fraud claimed its place as the most popular topic on the GTR website, following several allegations and cases of fraudulent activity that were exposed across Asia and the Middle East. The first sign of trouble appeared in March when Singapore-based commodities […]
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