TRADE-BASED MONEY LAUNDERING GUIDANCE

On 10 December, the Isle of Man Customs & Excise published an updated edition of its Notice 1000 MAN, first published in 2015 [and of which I wrote the original and updates to 2018…].  The Notice has been updated to refer to the just-published report from FATF, which is described as a valuable new resource which uses numerous case studies to explain how criminals exploit trade transactions to move money.

https://www.gov.im/media/1348726/notice-1000-man-trade-based-money-laundering-10-dec-20.pdf

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

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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