Blog

Sport Diplomacy: Bridging Partnerships Across Sectors to Fight Corruption and Criminality in Sport

We must continue to increase international cooperation to investigate and prosecute the webs of corruption and criminality in sport; identify and prevent access by kleptocrats and criminals to financial systems; deny safe haven to criminals and corrupt officials; identify, recover and return proceeds of their criminality; and provide anti-crime assistance for capacity and training to strengthen critical law enforcement and rule of law systems.

Brand Diplomacy * Brand Protection * Brand Sustainability: Market Reputational Value

Illicit commerce is seriously harming the U.S. economy, impacting critical American industries and brands, and posing a grave threat to the health and safety of our citizens and communities. Criminals and counterfeiters are expanding their market share with fake products in storefront and on-line markets, contributing to a growing global illegal economy valued at between $500 billion and $3 trillion. Criminally-derived profits (or dirty money) related to corruption and money laundering constitute several trillion dollars more that further finances insecurity and instability around the world.

Anonymous Companies Fuel Illicit Trade in Counterfeit and Pirated Goods

The formation and use of anonymous companies undermine the economic and financial interests of U.S. companies and markets according to a new report published Monday by the Financial Accountability and Corporate Transparency (FACT) Coalition. The author, former Chair of the OECD Task Force on Countering Illicit Trade David M. Luna, found that criminals and counterfeiters are expanding their market share with fake products in storefront and on-line markets, contributing to a growing global illegal economy valued at between $500 billion and $3 trillion.