Addressing risks in trade finance and the regulation of money laundering in the modern era

By Sandra Fungai Kabaya ( November 28, 2024, 12:02 PM EST) -- Trade finance plays a crucial role in facilitating international commerce, enabling businesses to mitigate risks and optimize cash flow. However, the trade finance sector is not without its vulnerabilities. It presents unique challenges related to money laundering, as criminals can exploit complex international supply chains to obscure illicit activities. This article explores the risks associated with trade finance, the evolving regulatory landscape aimed at combating money laundering and best practices for stakeholders in this critical sector....

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