By Francis Kairu, December 15, 2020
With support from Norwegian Agency for Development Cooperation (NORAD), GFI organized a series of Swahili radio shows aimed at building community knowledge and understanding of illicit financial flows (IFFs) and the linkages to corruption and beneficial ownership....
December 9, 2020
With the expected passage of the 2020 National Defense Authorization Bill there will be many changes to anti-money laundering efforts in the future. FinCEN’s duties and powers will be expanded, there will be updates to the Bank Secrecy...
By Lakshmi Kumar, December 7, 2020
On the 14th and 21st of October, 2020, Global Financial Integrity (GFI) held a two-part webinar event on illicit gold trade in India, organized in conjunction with Fintelekt. The series explored issues in gold trafficking as a...
By Lionel Bassega, November 24, 2020
Global trade is widely recognized as the lifeblood of a growing economy. However, according to the Wolfsberg’s Group Trade Finance Principles, financial institutions involved in trade financing cannot easily identify instances of over- or under-invoicing (or any...
September 2, 2020
By Helene Church GFI’s 2011 annual report titled “Illicit Financial Flows from Developing Countries: 2000–2009” served as evidence in the prosecution of Rifaat al-Assad, brother of the former Syrian president, Hafez al-Assad, and uncle of current president...
By Lakshmi Kumar, August 5, 2020
Global Financial Integrity (GFI) was proud to contribute to the July 2020 report ‘Dubai’s Role in Facilitating Corruption and Global Illicit Financial Flows’ from the Carnegie Endowment for International Peace. The contribution, Chapter 3 of the report,...
August 4, 2020
By Brian Monroe, VP – Content Development, Association of Certified Financial Crime Specialists This piece was originally published on July 6th, 2020 by the Association of Certified Financial Crime Specialists and is reposted with permission. When it...
June 16, 2020
By Julia Yansura and Laura Porras Today, June 16th marks the International Day of Family Remittances, dedicated to recognizing the contributions of the international migrants who send over US$550 billion home to developing countries each year. And...