The Financial Action Task Force (FATF) has gradually refocused on ESG issues, with recent published guidance on the illegal wildlife trade adding to existing published research on human trafficking, labor exploitation, illicit gold mining, and financial inclusion. Collectively, FATF’s research and guidance intersects with the development of ESG frameworks.
Not surprisingly, both AFC and ESG programs aim to improve the quality of financial flows. Subsequently, as anti-financial crime professionals gaze into the horizon, ESG will become more prominent within financial institutions. In this white paper, we address the convergence of ESG and AFC, and explain how AFC programs can benefit from integrating with ESG frameworks.
Reading this paper will help AFC professionals to understand how they can:
- Help organizations build-out ESG functions
- Link AFC processes to ESG frameworks
- Share lessons learned from AFC deployments
- Make a meaningful impact to save the planet