Money laundering is the act of concealing the source of money illegally acquired. It is made possible by the use of complex concealment schemes through the use of tax havens and shell companies. Civil society, NGOs, whistleblowers and journalists regularly highlight the economic and social consequences of such practices. Indeed, they allow economic actors to hide the potentially fraudulent origin of their income or turnover (corruption, money laundering). In addition, opacity and arrangements are levers for ensuring impunity by exporting the harmful impacts of activities to less vigilant jurisdictions.
Sherpa denounces the shortcomings of anti-money laundering measures and wishes to strengthen them by advocating their real extension to financial intermediaries who make economic and financial crime possible. It also intends to shed light on the way in which sums used and obtained for environmental offences such as deforestation are laundered.