Thomson Reuters Launches TRAC to Tackle Trade Based Money Laundering

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5082
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

Thomson Reuters Launches TRAC to Tackle Trade Based Money Laundering

Postby kreslik.news » Mon Oct 10, 2016 12:03 pm


Thomson Reuters, a source of news and information for professional markets, has today announced the launch of TRAC, a new anti-money laundering solution to combat trade based money laundering (TBML) and drive transparency and efficiency across trade finance.        

Join the industry leaders at the Finance Magnates London Summit, 14-15 November, 2016. Register here!

Trade Based Money Laundering

TBML is the use of international trade as a channel for legitimising money obtained from illicit activities. Schemes differ in complexity but usually involve misrepresentation of the price, quantity or quality of imports or exports. Financial institutions may unknowingly be implicated in these ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”