TYPOLOGIES REPORT: SMUGGLING OF CIGARETTES AND ASSOCIATED MONEY LAUNDERING IN THE EASTERN AND SOUTHERN AFRICA REGION

In September, the Eastern and Southern African AML Group (ESAAMLG), the regional FATF-style body, published a typology report which said that smuggling has become a serious regional concern.  The purpose of the report is said to be to identify and highlight the vulnerabilities that cigarette smuggling and associated predicate offences pose to the manifestation of money laundering and financing of terrorism.  The report further explores the preventative measures in place, the legal frameworks and role played by Law Enforcement Agencies and FIU in the fight against the laundering of proceeds generated from cigarettes smuggling.  One of the report’s conclusions is that understanding of money laundering in the region is poor to moderate.  Another, understandable, conclusion is that the varying degree of the level of controls amongst countries probably leads to the  countries with weaker controls being used as conduits to circumvent laws in countries with stronger controls.

https://www.esaamlg.org/reports/Smuggling%20of%20Cigarettes%20and%20Associated%20Money%20Laundering%20in%20the%20ESAAMLG%20Region.pdf

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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