At the next public meeting of the Follow-the-Money Working Group, Scott Johnston of Chainanalysis will detangle the little-known links between crypto and environmental crimes. He will also discuss the new challenges and opportunities for financial investigations that crypto presents.
See English version here.
Bolivia, Ecuador y Perú albergan algunos de los bosques más importantes del mundo, y la madera constituye un recurso natural de gran valor. Proteger estos bosques frente a las amenazas que representa la corrupción es fundamental no solo para preservar la biodiversidad y mitigar el cambio climático, sino también para salvaguardar los medios de vida de las comunidades locales.
Bolivia, Ecuador and Peru are home to some of the world’s most important forests, and timber is a valuable natural resource. Protecting forests from threats posed by corruption is essential not only for protecting biodiversity and mitigating climate change, but also for protecting the livelihoods of local communities.
Guernsey has confiscated nearly half a million dollars in criminal proceeds on behalf of Colombia in the Latin American country’s first successful international asset recovery case using its non-conviction based forfeiture law.
Few disagree that asset recovery plays an important role in the fight against crime – but recovering assets in practice means balancing complex priorities and issues around justice, legality and human rights.
This webinar served to launch the 2024 Public Edition of the Basel AML Index – an independent, data-based ranking and risk assessment tool for money laundering and related financial crime risks around the world.
Kateryna Boguslavska, Senior Specialist, AML/CFT and lead of the Basel AML Index, presented the methodology and 2024 report findings.
Iker Lekuona, Director of the Basel Institute’s International Centre for Asset Recovery, then moderated a panel discussion covering the following topics:
The Basel AML Index – the Basel Institute’s ranking and risk assessment tool for money laundering risks around the world – will include indicators of fraud in its 2024 methodology update.
The changes reflect the growing significance of fraud as a predicate offence to money laundering and as a risk that regulated entities need to consider. Though definitions of fraud vary and data is both poor and inconsistent, the social and economic consequences of fraud make it impossible to ignore in any money laundering risk assessment.
This Policy Paper was prepared by the B20 Brazil Integrity and Compliance Task Force. In this document, B20 members call for stronger actions from the G20 in 3 key areas:
- Recommendation 1: Encourage the implementation of integrity and anti-corruption measures to enhance responsible and sustainable governance in business.
- Recommendation 2: Stimulate Collective Action, engaging the Public Sector and value chains to uphold integrity.
- Recommendation 3: Promote ethical leadership to foster inclusive growth.
We are thrilled that anti-corruption Collective Action has received fresh impetus under the Brazilian presidency of the B20 – the voice of business of the G20 intergovernmental forum. This reflects a shift in mindset among global business leaders, towards recognising the power and necessity of multi-stakeholder collaboration for anti-corruption and integrity.
This 7th annual gathering of leading arbitrators, lawyers, forensics and academics at the University of Basel will advance discussions on how the arbitration community can better address allegations of corruption or money laundering in relation to underlying disputes.