Times have changed since the introduction of the 1988 United Nations Convention Against Illicit Traffic in Narcotic Drugs and Psychotropic Substances with the inclusion of more predicate offences to money laundering. The predicate offence of tax evasion has become the subject of much discussion since the Panama Papers revelations that it can be easy to overlook drug trafficking.
March 2017 saw the publication of the 32nd International Narcotics Control Strategy Report (INCSR), which reminds us of the continued problems and ensures that we do not become complacent against the risk of laundering the proceeds of drug trafficking.
INSCR is a valuable tool when assessing the risks relating to geography and jurisdiction. A key headline from the report is the re-entry of Honduras, El Salvador and Nicaragua as major money laundering countries.
Here we've taken a look at some of the key figures from the report(click on the image to view the infographic full size):
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