Last week, the presidency of the Financial Action Task Force, the global intergovernmental standard-setter for combatting illicit financial threats, passed from China to Germany. The presidency of the FATF is an important platform for countries to highlight critical threats to the global financial system.
Among Germany’s incoming priorities for its two-year term is a focus on the illicit financial flows behind many crimes related to the environment.
Among Germany’s incoming priorities for its two-year term is a focus on the illicit financial flows behind many crimes related to the environment. Such a campaign is an overdue step to combat a lucrative but not widely understood criminal enterprise, one that has direct national security implications for the United States.
Read the full article in World Politics Review.
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