OECD’s 2025 Policy Brief on Illicit Gold Flows warns that bulk maritime shipments of unrefined gold face high risks of ML and illegal trade due to weak tracking, mis-invoicing, and blending with other metals

The 2025 OECD report finds that gold concentrates — often exported as raw ore or “precious-metals concentrate” under HS code 261690 — present attractive opportunities for trade-based money laundering and gold laundering because they are seldom tracked, easily...

Canada Border Services Agency fines Ontario business owner with $36.9M for undeclared vehicle exports to West Africa, underscoring strict enforcement of export laws and protection of trade integrity

CBSA’s investigation found that between 2017 and 2022 the individual exported more than 3,700 vehicles without the required reporting under the Customs Act, allowing the shipments to evade regulatory scrutiny and posing significant risks to supply-chain integrity and...

JMLSG revisions on its Guidance – Trade Finance

JMLSG publishes a revised sectoral piece in Part II of its Guidance – Sector 15 (Trade Finance). Firms addressing the money laundering/terrorist financing risks in trade finance should also have regard to the guidance in Sector 16: Correspondent...