Free Trade Zones and Financial Crime – A Faustian Bargain?

Written By Alexandria Reid
Free Trade Zones Financial Crime Illicit Trade

Anton Moiseienko, Alexandria Reid, Isabella Chase, ’Free Trade Zones and Financial Crime - A Faustian Bargain?’, RUSI Commentary, November 2019

Free trade zones (FTZs) present both opportunities and challenges for globalised trade. At their best, they facilitate frictionless trade and manufacturing, creating jobs and economic growth for local communities. At their worst, they enable illicit trade and the laundering of criminal proceeds.

In this article, we examined how the integrity of FTZs could be improved by implementing existing and emerging initiatives and highlight where new thinking is required to raise global standards to protect against crime.

Access the article here.

Alexandria Reid
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