By Brian Huerbsch

Illegal logging poses real and significant regulatory risk for international financial institutions and corporations, especially those connected, either directly or indirectly, with the global timber industry, or that operate in areas where the industry is prevalent and important to the local economy. Considering the notable increase in regulatory activity over the past decade, the amount of enforcement actions given, and the ballooning size of fines over the past several years, it is clear that illegal logging is a crime that cannot be ignored anymore. Fortunately, this risk can be mitigated properly if strong third-party risk and know your customer (KYC) processes are in place, including enhanced due diligence (EDD) and anti-money laundering (AML) protocols.

The cost of environmental crime: Illegal Logging - Thomson Reuters, 2016 DOWNLOAD
Human trafficking for labour exploitation: the results of a two-phase systematic review mapping the European evidence base and synthesising key scientific research evidence
Publications 06 April 2018

Abstract Objectives The article objectives were (1) to systematically map the contours of the European evidence base on labour trafficking, identifying its key characteristics, coverage, gaps, strengths and weaknesses and (2) to synthesise key scie...Read More

TAGS: Europe
G20 Labour and Employment Ministerial Declaration
Publications 10 September 2014

The G20 ministers committed to taking action to improve occupational safety and health through the country-level and collective measures, taking into account each country’s national context, including by promoting responsible business practices and...Read More

TAGS: Global
Turning Possibilities into Realities: Compensating Victims of Trafficking under Anti-Trafficking Legal Frameworks in Thailand and Cambodia
Publications 21 September 2018

This report discusses the realities of accessing victim compensation under the anti-trafficking legal frameworks in Thailand and Cambodia. The report consists of desk-based research that reviews the current victim compensation systems in both countri...Read More

TAGS: Asia
The Role of Recruitment Fees and Abusive and Fraudulent Recruitment Practices of Recruitment Agencies in Trafficking in Persons
Publications 01 December 2015

The purpose of the paper is to examine the relationship between recruitment fees and other abusive and fraudulent practices of recruitment agencies and trafficking in persons, with a particular focus on criminal justice measures to address this relat...Read More