# Tainted treasures: money laundering risks in luxury markets URL: https://www.transparency.org/en/publications/tainted-treasures-money-laundering-risks-in-luxury-markets Type: Publication or report Published: 2017-04-03 Updated: 2020-04-03 --- 03 April 2017 From Ukraine to Tunisia and Brazil, large-scale cases of grand corruption in recent years have involved the acquisition of luxury property, vehicles and goods. This report examines the risk of luxury goods and assets being used to launder the proceeds of corruption, including in the art world and the marketplaces for super-yachts, precious stones and jewels, high-end apparel and accessories, and real estate. From fixing the gaps in international standards and national legislation to increasing the number of suspicious reports being submitted to authorities by luxury sector businesses, much remains to be done to reduce the scope for individuals using the proceeds of corruption to acquire and enjoy high-value goods and property, and to use these assets as a vehicle for laundering their ill-gotten gains. ### Related publications ## [Regional Assessment of Integrity in Political Finance in South Asia, Southeast Asia and East Asia](https://www.transparency.org/en/publications/integrity-political-finance-asia) Publication • 03 September 2026 This report reviews systems across 17 countries to identify the areas of political finance most in need of reform. ## [Annual Report 2025](https://www.transparency.org/en/publications/annual-report-2025) Publication • 17 July 2026 In 2025, Transparency International pursued its mission to stop corruption and promote transparency, accountability and integrity at all levels and across all sectors of society. ## [Whistleblowing Authorities in Europe: Roles, challenges and lessons learned](https://www.transparency.org/en/publications/whistleblowing-authorities-in-europe-roles-challenges-and-lessons-learned) Publication • 19 June 2026 This report examines the institutional design, mandates and functioning of national whistleblowing authorities across Europe. ## [Strengthening Public Oversight: Good practices for partnerships between civil society and supreme audit institutions](https://www.transparency.org/en/publications/strengthening-public-oversight-good-practices-for-partnerships-between-civil-society-and-supreme-audit-institutions) Publication • 29 May 2026 Stronger collaboration between Supreme Audit Institutions and Civil Society Organisations is needed for better public financial oversight. ## Priorities - [Dirty money](https://www.transparency.org/en/our-priorities/dirty-money) ## Countries - [China](https://www.transparency.org/en/countries/china) - [France](https://www.transparency.org/en/countries/france) - [Germany](https://www.transparency.org/en/countries/germany) - [Italy](https://www.transparency.org/en/countries/italy) - [Japan](https://www.transparency.org/en/countries/japan) - [United Kingdom](https://www.transparency.org/en/countries/united-kingdom) - [United States](https://www.transparency.org/en/countries/united-states) ![](https://images.transparencycdn.org/images/2017_TaintedTreasures_EN_116.jpg?auto=compress&fit=crop&fm=webp&w=1200) [Download](https://images.transparencycdn.org/images/2017_TaintedTreasures_EN.pdf)