Hong Kong's securities regulator reported a spike in the number of instances where the city's financial firms are failing to comply with its anti-money laundering guidelines. It has long been known that money laundering can have significant negative impact on economic growth. Enforcement of regulations to eradicate money laundering contributes to advancing SDG 16.4 by 2030 to significantly reduce illicit financial and arms flows, strengthen the recovery and return of stolen assets and combat all forms of organized crime.
Human trafficking is one of the main profit-generating activities for organised criminals in Europe and the revenue generated is often laundered through the financial system. Understanding the complexities of human trafficking is vital to both SDG 8.7 to take immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking and SDG 16.4 to significantly reduce illicit financial and arms flows, strengthen the recovery and return of stolen assets and combat all forms of organized crime.
The 2016 report by the Hong Kong Association of Banks (HKAB) into trade-based money laundering ups the momentum to improve anti-money laundering and counter terrorist financing. Such actions will contribute to the advancement of SDG 16.4 to significantly reduce illicit financial and arms flows, strengthen the recovery and return of stolen assets and combat all forms of organized crime.
A responsible supply chain, and eliminating corruption in the supply chain, are important elements of goals 10 and 16. This report, updated in 2016, outlines common supply chain corruption scenarios and provides a framework and set of tools for addressing them.
Food Policy, Volume 47, August 2014, Pages 117–128
The objective of this study is to explore empirical evidence on the quantitative importance of supply, demand, and market shocks for price changes in international food commodity markets. This article supports SDG 2 and in particular the fair functioning of international food markets.
Global Environmental Change, May 2014, Pages 152 - 158
Ecosystems provide a range of services that are crucial to human wellbeing, health and survival. This paper provides an updated estimate of the global value of ecosystem services to enable these services to be properly appreciated and taken into account during decision-making. Knowing the true value of ecosystem services contributes to advancing SDG target 13.3 to improve awareness-raising and action on climate change mitigation, as well as SDG target 15 as it helps preserve ecosystems and maintain high biodiversity.