Fighting trade-based money laundering

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September 7, 2016

Trade-based money laundering exploits the international trade system with the intention of transferring value and obscuring the true origins of illicit wealth.

Trade-based laundering is known to be growing in both volume and global reach. Although it’s widely recognized as one of the most common manifestations of international money laundering, trade-based laundering appears to be less understood among academics and policymakers than traditional forms of money laundering through the international banking system and bulk cash smuggling.