FIU CONNECT – Trade-Based Money Laundering
Competent financial institutions and banking regulators around the world describe trade-based money laundering as one of the more effective methods of laundering the proceeds of crime or financing terrorism.
FIU CONNECT (Trade-Based Money Laundering) prepares bank staff to bolster defences against illicit international trade practices and identify the patterns of possible trade-based money laundering activity in order to report their concerns up the chain of command.
![](https://www.amlintelligence.com/wp-content/uploads/2022/10/fiu-connect-trade-based-money-laundering-default-791x1024.jpg)