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UK’s search for trade with developing countries raises TBML alarm

The UK’s courtship of trade with developing countries after Brexit risks exacerbating the country’s exposure to trade-based money laundering (TBML), according to new research.

UK’s search for trade with developing countries raises TBML alarm
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  • Shared by Riskscreen
  • July 30, 2021
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As part of the country’s trade strategy after departing the EU, the UK’s Department for International Trade (DIT) announced plans earlier this month for a Developing Countries Trading Scheme (DCTS), which would cut tariffs or simplify rules of origin requirements for up to 70 countries.

Read more at Riskscreen.

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