Crime & Conflict, EAS-Obs, SEE-Obs

Cash is king: Impact of the Ukraine war on illicit financial flows in South Eastern Europe

Cash is king

...vily étatist economies, with no effective division or independence of the private from the public or state-owned sector. Autocracies have long utilized obfuscated corporate ownership structures and illicit financial flows (IFFs) for nefarious purposes such as bribery, corruption and improper lobbying to secure anything from technologies and know-how to economic and political influence on countries of interest. Russia ...

Posted on 24 Jul 2023

Author(s): Vanya Petrova

SEE-Obs

Illicit Financial Flows in Albania, Kosovo and North Macedonia – Key drivers and current trends

Illicit Financial Flows in Albania, Kosovo and North Macedonia

...illicit financial flows in Albania, Kosovo and North Macedonia - Key drivers and current trends...

Posted on 27 Aug 2020

Author(s): Tuesday Reitano, Kristina Amerhauser

ENACT

African illicit financial flows: designing and prioritising responses

African illicit financial flows:

... IFFs are difficult to detect and prosecute when regulatory systems lack integrity, transparency, and accountability. Africa is estimated to lose billions of dollars annually to illicit financial flows (IFFs). While the numbers are immense, even they do not capture the full range or degree of harms resulting from IFFs. Furthermore, international definitions, measures and regulatory frameworks are n...

Posted on 26 Nov 2019

Author(s): Marcena Hunter

Private Sector

Capturing proceeds of crime in illicit financial flows models

Measures that Miss the Mark

...illicit financial flows (IFFs) are generally viewed as the financial side of criminal activity, and there is widespread agreement IFFs are a global threat. There is also agreement that IFFs, particularly prevalent and damag...

Posted on 19 Jun 2018

Author(s): Marcena Hunter

Gold Watch

Tracing Golden Threads: Illicit Financial Flows from Gold in Mongolia and the Philippines

Illicit Financial Flows from Gold: Mongolia and The Philippines

...to Artisanal and Small-Scale Gold Mining in Sierra Leone. Other work by the Global Initiative in this area includes an investigation into Organized Crime and Illegally Mined Gold in Latin America and illicit financial flows (IFFs) stemming from ASGM in Liberia and Ghana. While a number of undesirable outcomes are associated with illicit activity in the ASGM sector, how illicit actors contribute to the continued use o...

Posted on 20 Nov 2017

Wildlife Watch

Enhancing the Detection, Investigation and Disruption of Illicit Financial Flows from Wildlife Crime

...Enhancing the Detection, Investigation and Disruption of illicit financial flows from Wildlife Crime...

Posted on 25 Aug 2017

Gold Watch

Where the Flow Goes: Defining illicit financial flows and what’s missing from the data

...A definition of illicit financial flows, what’s missing from the data – and the role of the GIFF Project across the entire supply chain Illicit financial flows (IFFs) are an obstacle to achieving development aims and one of the grea...

Posted on 21 Sep 2016

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