Author: Regtechtimes
Waste trafficking, a clandestine trade raking in billions of dollars annually, presents a formidable obstacle to global sustainability assists states in enacting or strengthening domestic legislation against waste trafficking. Waste trafficking, also known as the illegal trade of waste, is a highly profitable yet illicit activity that generates billions of dollars annually. This clandestine trade poses significant challenges to global efforts towards sustainability and environmental protection. It is one of the important components of Trade-Based Money Laundering.