EUROPE’S ‘DIRTY’ MONEY TRADE: $1.8 TRILLION LAUNDERED YEARLY THROUGH TRADE-BASED MONEY LAUNDERING

On 14 December, Mirage News reported a new 10-year study which provides a comprehensive estimate of the scale of this illegal activity – which claims that up to more than 11% within a year of all EU trade being used to move illegal proceeds for anything from drug deals to terrorism.  It is said to give the first benchmark of the size of TBML for the EU.

https://www.miragenews.com/europes-dirty-money-trade-1-8-trillion-915742/

https://www.tandfonline.com/doi/full/10.1080/00036846.2022.2141444

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 View all posts by raytodd2017