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Editor's Note: In the latest installment of our series, the moneylaundering.com legal team reviews recent recommendations and best practices against the movement and concealment of illicit proceeds through global commerce. Trade-based money laundering constitutes a "pervasive threat," David Kane, an official with the World Customs Organization, told attendees of a March 18 webinar hosted by the Financial Action Task Force. TBML transactions vary in scale and complexity, from purchases of everyday consumer goods with illegally derived cash, to misrepresentations of the quantity, price or type of goods to move illicit value across the world. Criminals often use a combination of...