Session 8 - Illicit trade risks in gold supply chains from Latin America
May 23, 2024 | 1:45 PM - 3:00 PM
May 23, 2024 | 1:45 PM - 3:00 PM
Description
The illicit trade in gold has become a significant concern for governments in Latin America, which have initiated key reforms to enhance transparency in the mining and metals sector. As highlighted by the OECD and other organisations' reports, the sector continues to be exploited by non-state armed groups, with devastating harms to the environment and local communities. The networks involved span the wider region and globe, involving military and political elites, militant groups, domestic gangs, and transnational criminal organisations making use of regional gold transit hubs and maritime shipping to facilitate the illegal trade in gold. This session will explore the current most acute challenges, and steps companies and governments can take to address related risks.
