Counterfeiting along with copyright infringements, is big business, it is extremely lucrative for criminals, the EU alone estimates an annual cost of €50 billion. It takes place across sectors, it is international and perhaps most worryingly it is driven by demand. Of course, it is illegal, more specifically it is used to fund organised crime; it supports child exploitation; it can create serious threats to heath for example by containing poisonous substitutes in drink and food or in say medicines lacking active ingredients; and it results in fraudulent product warranty claims. Moreover, it undermines legitimate business; generates the potential for considerable reputational damage and deprives Governments of tax revenues. This webinar will explore:

The dangers posed by counterfeiting (and copyright infringements)
The loopholes that make it attractive for offenders
The limits of current prevention approaches and what we do next

Panellists:
Euan Grant – Customs, Tax & Border Control Consultant at Grant & Gutsell Consultants
Sanjay Kaushik – Managing Director Netrika Consulting India Pvt ltd
Kieron Sharp – Chief Executive at FACT

A video and summary of this session is available here: https://www.theospas.com/2021/05/21/the-phenomenal-challenge-posed-by-counterfeiting-what-are-we-going-to-do/

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