As with most financial arrangements and facilities, the provision of “asset finance”, and in particular the financing of ships and aircraft, is open to criminal abuse.

This KYC360 case study explains how the financing of these high value assets can be used to launder funds.

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Underlying much of the international trade system are a diverse array of financial arrangements known collectively as “trade finance”.

This KYC360 case study explains how trade financing can be used to launder funds.

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For more sophisticated money launderers, derivatives provide an elegant and hard-to-detect method for laundering illicit funds.

This KYC360 case study explains how derivatives might be used in money laundering.

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This KYC360 case study explains how dollars owned by cartels in the USA are ‘exchanged’ for pesos in Columbia using a broker and the export of goods from one country to another.

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Money service businesses (or “MSBs”), like currency exchanges and remittance services, can be the witting or unwitting conduits for criminal funds.

This KYC360 case study explains how MSBs can be used for money laundering.

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Non-profit organisations (‘NPOs’) and charities provide vital support and services to communities around the world – but they can also be attractive to those needing to launder illicit funds.

This KYC360 case study explains how charities and NPOs may be exploited or otherwise abused by money launderers.

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A foundation is a legal entity developed in civil law jurisdictions, similar to a trust.

This KYC360 case study explains how foundations can be abused by money launderers and others involved in financial crime.

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Trusts are legal arrangements developed by common law jurisdictions in which the legal title and control of an asset are separated from the equitable interests to that asset.

This KYC360 case study highlights the inherent vulnerabilities of trusts and trust company businesses to criminal exploitation.

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The ability to use corporate structures to disguise true ownership and control is a key tool for any potential money launderer.

This KYC360 case study highlights the inherent vulnerabilities of companies and related corporate services to criminal exploitation.

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