Target 2030: Illicit Financial Flows Cobham, A. Illicit Wealth This brief paper aims to provide a background to the Sustainable Development Goals target 16.4. It describes Illicit financial flows as an umbrella term that covers cross-border movements related to tax avoidance, tax evasion, regulatory abuses, bribery and the theft of state assets, the laundering of the proceeds of crime and the financing of terrorism. Madrid Elcano Royal Institute 2018 2018 Text 11p. iffoadatabase.trustafrica.org/iff/Target-2030-illicit-financial-flows.pdf