lock Vigilance for fraud in GO markets

As GO markets continue to expand, market players have become aware of potentially fraudulent practices and actors. 

Over the last month the secretariats of both the AIB and RECS International have been approached by members to flag suspicious activities. The AIB already posted an article about rising VAT fraud issues back in 2014 (see article in this AIB newsletter). 

The secretariat is taking these issues very seriously and is actively working with the Board and other market actors to ensure that the reputation of the GO market, and of RECS International are preserved, while remaining open to new entrants. If you would like further information on RECS international’s work in this area please contact the Director, Adam White (a.white@recs.org).