Gold Watch

GIFF: Gold and Illicit Financial Flows

...d supply, and is an important livelihood for tens of millions of people. However, since much of this production is informal and unregulated, the ASGM sector is vulnerable to criminal infiltration and illicit financial flows (IFFs). However, efforts to formalize ASGM to date have paid little attention to IFFs and the ways they inhibit creation of more equitable and sustainable modes of ASGM production and trade. Recog...

Posted on 10 Feb 2016

Gold Watch

Gold: underpinning criminal economies and illicit financial flows

...ations for artisanal gold” which examined how emerging Asian economies are impacting on artisanal, as well as small-scale, gold supply chains. She presented research from an upcoming OECD study on illicit financial flows (IFFs) related to artisanal and small-scale gold mining (ASGM) and gold smuggling in West Africa. The study found that commodity demand in “emerging Asia” is not only generating a strong demand ...

Posted on 19 Dec 2015

Gold Watch

Curbing Illicit Financial Flows: The Post-2015 Agenda and International Human Rights Law

...Corruption, which was identified as a cross-cutting theme in our Institute’s program of work for 2013, is not only a problem in its own right but also part of the “larger” issue of illicit financial flows (IFFs). Simply put, IFFs deprive governments in both developed and developing countries of resources that might otherwise be invested in public goods such as health, agriculture, infrastructure, and ...

Posted on 14 Feb 2014

Global Initiative

Russia: Illicit Financial Flows and the Role of the Underground Economy

...Russia: illicit financial flows and the Role of the Underground Economy...

Posted on 29 Dec 2013

Gold Watch, Private Sector

Measuring OECD Responses to Illicit Financial Flows from Developing Countries

...The issue of illicit financial flows (IFFS) is at the forefront of the international agenda. Governments worldwide are joining forces to combat money laundering, tax evasion and international bribery, which make up the bulk of IFFs. Alt...

Posted on 17 Apr 2013

Gold Watch, Private Sector

Illicit Financial Flows from Developing Countries: 2001-10

...illicit financial flows from Developing Countries, 2001-10...

Posted on 12 Dec 2012

Gold Watch

Illicit Financial Flows from Least Developed Countries, 1990-2008

...This paper explores the scale and composition of illicit financial flows from the 48 Least Developed Countries (LDCs). Illicit financial flows involve the cross-border transfer of the proceeds of corruption, trade in contraband goods, criminal activities and tax evasion. ...

Posted on 17 May 2011

APA-Obs

Myanmar’s illicit timber: Flows, drivers and actors

Myanmar's illicit timber

Posted on 19 Oct 2021

Author(s): Prem Mahadevan

Private Sector

Suspicious activities: How dirty money is moved around the financial system

... to choose to do little or even nothing to properly investigate or stop the flow of financial transactions once a SAR has been filed. In so doing, they divest themselves of much of the risk linked to illicit financial flows. For example, ascertaining beneficial ownership of a firm that might bear all the hallmarks of being a shell entity is not required, and therefore not necessarily carried out. But even more troubling...

Posted on 10 Nov 2020

Author(s): Gabriel Moberg

Private Sector, APA-Obs

A Rough Cut Trade: Africa’s Coloured-Gemstone Flows to Asia

A Rough Cut Trade

Posted on 31 Jul 2020

Author(s): Marcena Hunter, Lynda Lawson