What we know

What we know: Meat-packer JBS faces complaints filed in Europe over alleged links to illegal Amazon deforestation

Compiled Nov 5

What we know

A coalition of environmental and human rights groups filed 14 legal complaints with European financial regulators and prosecutors against JBS, its banks, investment managers and advisers
Complaints were filed with financial regulators in Britain, Ireland, Germany and the Netherlands, plus Britain's National Crime Agency and Dutch financial/legal oversight bodies
A separate criminal referral against JBS's Dutch parent company was filed with Dutch prosecutors
The coalition includes Global Legal Action Network, European Center for Constitutional and Human Rights, Mighty Earth, FIND and a King's College London law professor
JBS was founded in Brazil in 1953, operates in more than 180 countries, and reported $86.2 billion in revenue in 2025
The complaints target banks and advisers including Barclays, Standard Chartered, Rabobank, ING, BlackRock, Loyens & Loeff, EY and KPMG

JBS said it had not received the data or methodology behind the allegations, preventing it from evaluating or responding to claims
Rabobank declined to comment on specific clients
Banco do Brasil and ING said they had not seen the complaint and could not comment
KPMG said it had not been contacted or seen any document from TLC
Loyens & Loeff, Standard Chartered, BlackRock and Barclays declined to comment, citing confidentiality or without explanation

Will European financial regulators or Dutch prosecutors open formal investigations based on the complaints?
Will JBS gain access to the underlying data and methodology to respond to the allegations?
What will happen with the Rondonia fine case given the attorney general's statement about outdated legislation?
Will banks and advisers named in the complaints face any regulatory consequences?

Drawn from the Associated Press report. “What we don’t know” lists only what the reporting itself flags as unresolved.