Infographic from UK National Vehicle Crime Intelligence Service (NAVCIS)
EUROPOL STRATEGIC REPORT: HOW ILLEGAL DRUGS SUSTAIN ORGANISED CRIME IN THE EU
On 6th December, Europol released the above report that included the following points –
- €24 billion in revenue each year: The drugs trade in the EU is estimated to generate at least €24 billion in revenue each year, which makes it the EU’s largest criminal market.
- Highly poly-criminal organised crime groups: Around 35% of the organised crime groups active in the EU are involved in the production, trafficking or distribution of illegal drugs. 75% of these groups deal in more than just one illegal drug.
- 620 new substances: The market for synthetic drugs and new psychoactive substances (NPS) remains the most dynamic drugs market in the EU; over the last 5 years 620 new substances were detected.
- Fentanils, highly potent opioid narcotic drugs: There has been a large increase in the availability of fentanils on the European illicit drug market. Since 2012, a total of 24 new fentanils have been identified on Europe’s drug market, including 14 already since January 2016.
- Darknet marketplaces: Drugs are now widely traded online on various platforms. The sale of drugs via Darknet marketplaces is a significant threat and continues to expand.
- Poor success rate in fighting money laundering: The scale of money laundering activities in the EU is significant, reflecting the profits generated by the drugs trade. However, the global anti-money laundering framework has shown to have a poor success rate. Barely 1% of criminal proceeds are confiscated by relevant authorities at EU level.
VENEZUELA (EUROPEAN UNION FINANCIAL SANCTIONS) REGULATIONS 2017 COME INTO FORCE IN UK
These UK Regulations came into effect on 6th December. However, to date no names have been listed.
NOTICE TO IMPORTERS 2896: UK BAN ON THE IMPORT OF BUMP STOCKS
On 4th December this Notice announced a UK import ban on so-called “bump stocks”. These are devices which, when fitted or added to a self-loading firearm, utilise the recoil forces to automate repeated pressure on the trigger, increasing the rate of fire of the firearm. This decision was taken on the grounds of public safety as there is a risk that such items can be used on legally-held rifles. The import ban will remain in force whilst tests take place on the ability of these devices to be used on legally-held firearms. Bump stocks came into the public consciousness following the recent Las Vegas shooting tragedy.