Safeguard against trade-based financial crime

Tell us what you love about Extra Credit and what topics you want covered!🌏In today’s interconnected world, global trade credit is becoming increasingly vulnerable to financial crime. One specific crime it faces is trade-based money laundering (TBML). This is the process of disguising the illegal origin of money through trade transactions, in which goods or services are misrepresented.  💰With sophisticated fraud schemes evolving rapidly, credit professionals must proactively identify and mitigate these risks before they impact their organizations.  Connect with us on LinkedIn: @Nacm-National @FCIB