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New human trafficking info from FINTRAC

FINTRAC provides additional money laundering indicators associated with human trafficking for sexual exploitation in support of Project Protect

On this World Day Against Trafficking in Persons, FINTRAC has published its latest Operational Alert, Updated Indicators: Laundering of proceeds from human trafficking for sexual exploitation. Following a strategic analysis of its financial intelligence since the launch of Project Protect and developed in consultation with BMO and Canada’s other major financial institutions and the Royal Canadian Mounted Police, these additional indicators are meant to further assist businesses in identifying and reporting to FINTRAC financial transactions suspected of being related to the laundering of funds associated with human trafficking for sexual exploitation.

Launched in 2016 as an innovative public-private partnership, Project Protect is an important element of the Government of Canada’s National Strategy to Combat Human Trafficking: 2019–2024, and is playing a key role in helping to protect and rescue some of Canada’s most vulnerable citizens.

Links:

Human sex trafficking indicators Operational Alert

National Strategy to Combat Human Trafficking

Categories: Anti-Money Laundering FINTRAC Updates Guidance Human Trafficking Operational Alerts

eric9to5

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