Risk profile guide. VAT Fraud Schemes in the Hydrocarbon Distribution Sector

Sepblac has hosted a webinar with financial obliged entities and notaries to discuss money laundering risks within the hydrocarbon sector.

Following this initiative, a guidance document on risk profiles has been prepared, focusing on VAT fraud schemes in the hydrocarbon distribution sector. The guide, available at the following link, common typologies and relevant red flags. It also emphasizes the crucial role played by the information provided by obliged entities in strengthening the detection and analysis of these illicit activities.