Illegal Wildlife Trade: The Critical Role of FIs Part 2
Ranked as the world's fourth-largest criminal activity, illegal wildlife trade (IWT) remains an attractive business for poachers and smugglers, with Southeast Asia at the epicenter of this illicit activity. IWT is a transnational organized crime that generates billions of dollars in criminal proceeds each year. However, many countries do not regard it as a serious crime. During this session, our panelists will be shining a spotlight on how financial Institutions can help deter illegal wildlife traffickers from using their networks to launder their illicit funds.
You will learn to:
Analyze the challenges of illegal wildlife trade
Understand how FIs are disrupting IWT’s business model
Work with members of the anti IWT community to further the fight against IWT
Moderator:
XU Ling, Director, China, TRAFFIC
Presenters:
Sophie le Clue, Chief Executive Officer, ADM Capital Foundation
Hannah Shrubsole, Vice President - Complex Investigations, Financial Crimes Office Asia (FCOA), MUFG