October 11, 2016 BY Valentina Kirilova
Thomson Reuters launches TRAC to combat trade based money laundering
Business information giant Thomson Reuters Corp (NYSE:TRI) has announced the launch of TRAC, its new anti-money laundering solution to combat trade based money laundering (TBML) and drive transparency and efficiency across trade finance. TBML is the use of international trade as a channel for legitimizing money attained from illicit activities. Schemes vary in complexity but typically involve…
Read more