Conflict-induced displacement often increases the risk of human trafficking and human smuggling, as refugees and displaced persons are inherently vulnerable and at risk of exploitation. Traffickers often target people in desperate situations and smugglers take advantage of conflict areas for profit. Financial institutions can assist investigations by proactively monitoring accounts for suspicious activity relating to human trafficking or smuggling. During times of conflict, it is imperative that financial institutions stay proactive and vigilant in order to effectively fight the potential exploitation of displaced people fleeing conflict.
Understanding the difference between human smuggling and human trafficking while analyzing the respective threat landscapes
Enhancing investigations by increasing recognition of modern red flags, financial indicators, and assessing institutional risks
Analyzing specific conflict-induced human trafficking hazards such as desperation of displaced persons to develop risk-based controls to detect and disrupt refugee smuggling activities
Predicate Crimes and Typologies
Investigations and Suspicious Activity