Overview

Over recent years, sanctions have increasingly been used against transnational criminal organizations that traffic illegal drugs such as fentanyl, Captagon, heroin and meth. This includes targeting the money laundering networks. These substances cause significant societal harm, and the profits are used to fund conflict and violent crime globally. This Masterclass will set out the global drug trafficking threat landscape, evaluating key emerging trends and how illicit proceeds are laundered, including through cryptocurrency. It will also review the use of financial sanctions to counter drug trafficking and the transnational criminal organizations behind it, assessing implications for financial institutions and compliance programs.