Term:
Laundering of fish; fish laundering
Definition:
The process of concealing the illegal origin of fish by turning the proceeds and records of illegal transactions into legitimate business records and assets, often by sourcing products from IUU seafood operators or businesses.
Domain:
Fishery
Source:
FAO Fisheries and Aquaculture Circular No. 1150, FAO, 2018 (http://www.fao.org/3/I8795EN/i8795en.pdf).
