E55: How to combat Trade-Based Money Laundering

Dive into the complexities of Trade-Based Money Laundering (TBML) in this insightful episode.
Join us with our guest, Bruce Viney, the Director of Financial Crime Compliance Training at CCL Academy, as we explore TBML's intricacies, how criminals manipulate trade, and the challenges financial institutions and regulated companies face.
Get ready for an information-packed discussion covering topics such as:
- Defining Trade-Based Money Laundering (TBML) and exploring its unique methods
- Identifying key indicators, red flags, and risk-management measures to protect against TBML
- The importance of robust KYC processes and supply chain transparency in combating TBML
- Harnessing advanced technologies and transaction monitoring systems for TBML detection
- Roles of Free Trade Zones, major organizations, and collaborative efforts in mitigating TBML risks
- Adapting to the latest regulatory updates in AML and compliance related to TBML prevention
Don't miss out on this fascinating look into the secretive world of Trade-Based Money Laundering.
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About The Laundry:
In The Laundry, Strise's experts challenge the status quo of how Anti-Money Laundering (AML) is done today. We’re joined by exciting guests to deep dive into the AML value chain and discuss how emerging technologies can help solve the nearly $2 trillion problem.
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About Strise:
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Fast-growing banks and fintechs trust Strise to automate KYC, drive better performance, and operationalise regulatory changes at 100x speed.
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[@henlohenlo689]

so i am truck driver i and i suspect some of the companies i worked for might of done this. they misrepresent everything. i need advise on how to catch them or prosecute them. it's ltl trucking. where few companies control the market trade within itself. then they just misrepresent like everything. the miles i haul is misrepresented. the paychecks are convoluted mess, etc etc etc. having workers work of the clock, or methods of payment that is not on the books, etc etc. they also seeming violate antitrust law and use trade secret law as an obstruction of justice or obstruction of trading practices to be monitored by using trade secret law. and the ones who lobbied for trade secret law were the ones who were working for these companies. laundered enough money to have more power than the politicians and to influence politics and law making. etc.

[@haylievu]

she keeps interrupting the guy it's annoying to watch