REPORT FINDS PRIVATE INVESTMENT FUNDS VULNERABLE TO MONEY LAUNDERING IN LATIN AMERICA

On 22 December, a report from Global Financial Integrity says that private investment funds are vulnerable to money laundering because they contain a variety of structural risk factors that help camouflage illicit behaviour.  This report examines the money laundering risk factors associated with these private investment funds in Latin America.  It analyses the ring of actors and facilitators involved, the methods of contact used by perpetrators and the channels utilised to move illicit money.  The region’s geographic, economic, historic, and cultural proximity to the US has meant that the US and US policies have always had an outsized impact on the politics and economies of the countries in the region. 

https://gfintegrity.org/press-release/new-gfi-report-finds-private-investment-funds-vulnerable/

https://gfintegrity.org/report/private-investment-funds-latam/

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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