THAILAND OFF MONEY LAUNDERING BLACKLIST, BUT CONCERNS ABOUT POLICING OF AML LAWS REMAIN

THE SOUTH-EAST Asian kingdom of Thailand, has high profile vulnerabilities to money laundering, being known for its widespread sex trade sector its role in the international drugs trade, and also for being the base of human trafficking networks, according to the USA state department’s 2017 International Narcotics Control Strategy Report (INCSR).   Thailand shares lightly policed borders with all its neighbouring countries three of which – Laos, Cambodia and Myanmar - are impoverished. And a wide range of pirated and smuggled goods is readily available on ...


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