The handbook outlines key principles and red flags, including a real-life investigation.
Key insights include:
➡️ Case Study Focus: The handbook draws on Operation A, an (HMRC) investigation that disrupted a major organised crime group involved in large-scale TBML;
➡️ Practical Guidance: Methods to detect TBML through customs data, import/export information, company ownership records, and suspicious transaction reports; and
➡️ Audience: Primarily written for UK authorities but offers valuable insights for global professionals exposed to TBML risks.
✅ Firms should review the handbook to strengthen trade finance controls, enhance detection of TBML indicators, and ensure risk frameworks align with evolving UK enforcement practices.