Webinar on Money Laundering and Terrorist Financing Risks arising from Migrant Smuggling

Publication details

Language

English

Country

Topic

Methods and Trends

Migrant smuggling is a global issue. Criminals take advantage of the sometimes desperate plight of individuals seeking a better life and often have little regard for the migrants’ safety. The proceeds generated by migrant smuggling are estimated to exceed USD10 billion every year.

Countries should do more to “follow the money” and strengthen international cooperation in order to make this crime unprofitable and prevent the human loss from migrant smuggling.

The FATF organised a webinar on 13 July which brought together civil society, public and private sector, and academia to discuss key findings from the ML-TF Risks Arising from Migrant Smuggling

If you were unable to attend the webinar, you can watch or listen to the recording of the webinar:

Moderator

Dr Khalid KOSER - Founder and Executive Director Global Community Engagement and Resilience Fund

Panellists

Lucia BIRD RUIZ-BENITEZ DE LUGO - Director of the West Africa Observatory, Global Initiative against Transnational Crime

Salvador BRISENO - Criminal Intelligence Officer, Human Trafficking and Smuggling of Migrants Unit, Interpol

Zana KELAVA - Head of Risk, Investigation and Analytics, One International Bank

Melissa SIEGEL - Head of Migration Studies and Head of the Migration and Development Research Section, UNI MERIT & Maastrict University

Money Laundering and Terrorist Financing Risks Arising from Migrant Smuggling

22 Mar 2022

This report identifies the most common methods to transfer and launder the proceeds of migrant smuggling and provides several recommendations and good practices to better identify and investigate these criminal proceeds.