As the world contends with the cost of living crisis it is
likely people may look to cheaper alternatives, including
counterfeit goods. Besides potential injury to consumers or
economic loss to brand owners, counterfeiting fuels criminality
being linked to money laundering and funding terrorism, human
trafficking, child and adult sexual and criminal exploitation.
According to the United Nations Commission on Crime Prevention and
Criminal Justice, counterfeiting is now the second largest source
of criminal income worldwide, second only to drugs. Counterfeit
products are a serious issue.
Recording IP rights with customs using Applications for Action
(AFAs) is a valuable way of engaging law enforcement authorities to
remove counterfeit goods from the market for the benefit of IP
right owners and the public. In the post-Brexit world it is
necessary to treat the EU and UK separately for the purposes of
customs and law enforcement authorities and IP rights holders