Money Laundering in International Supply Chains - Risks, Obligations & More

Introduction

The growth of international trade and the interdependency of financial markets present both opportunities and risks to companies.

Global concern over crime, corruption, and sanctioned funds has led to an increased government and law enforcement focus on international trade as a method of moving illegal funds across the world, with recent investigations highlighting risks in trade involving China, South America, Eastern Europe, and the UAE and across a diverse range of supplies.

This new virtual classroom seminar will cover the key money laundering and financial crime risks common to many international supply chains. It will explain how both legitimate and fictitious trade can be used to facilitate the movement of criminal funds, giving examples of significant recent cases.

Consideration will also be given to the steps companies can take to protect their own supply chains and comply with their legal and regulatory obligations.

What You Will Learn

This live and interactive session will cover the following:

• Money laundering, sanctions and financial crime offences
• The concept of money laundering through supply chains
• Trade Based Money Laundering
• Underground Banking and Informal Value Transfer Systems
• False invoicing and transfer pricing
• Real-world examples of supply chain exploitation
• Prosecution and enforcement
• Effective supply chain due diligence

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.