【Block#10 Call for Contribution】Illicit Activities

Hello and welcome to all interested participants.
Illicit activities is a broad topic. To begin with, how do we define “illicit”?
Which regulatory regime should be applied?
Can law be applied based on extraterritorial principle?
Are there enough international laws in this space?
Can illicit activities be classified in a universal manner so that all stakeholders agree with this?

Feel free to suggest other topics of interest.