Money Laundering in Mining: Risks and Recommendations

Energy attorneys José Vicente Zapata and Esteban García and Law Clerks Alejandro Bravo and Janine Acosta wrote an article for the Council of American Enterprises (CEA) on money laundering coming from illegal mining in Colombia. Mr. Zapata, Mr. García, Mr. Bravo and Ms. Acosta highlight the risks of money laundering under mining pretense and mention some warning signs that can be identified throughout the supply chain in the sector. They also talk about the importance of adopting risk identification, control and monitoring systems, as well as due diligence processes.

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