Following the Money Trails of the Illicit Wildlife Trade (IWT)

10月 20, 2020
2:00PM - 3:00PM HKT/SGT
在线
1 ACAMS Credit

Overview

The illegal wildlife trade (IWT) is a major transnational organised crime, which generates billions of criminal proceeds each year. The Financial Action Task Force (FATF) recently published its first global report on IWT, which makes a unique contribution by assessing the money laundering (ML) aspects of wildlife crimes, and by demonstrating how jurisdictions should apply the FATF standards to combat IWT. The findings in this report are based on inputs from around 50 jurisdictions across the FATF Global Network, as well as expertise from the private sector and civil society. It also highlighted despite IWT’s global impact, public and private sectors in many jurisdictions have to date not prioritised combatting the financial flows connected to IWT in line with risk. The webinar will bring together key players in both public and private sectors to share their experience on success stories in IWT and different approach to identify commercial and financial red flags and combating illicit wildlife trade.

Credits

1 ACAMS Credit **Please note that ACAMS credit for this virtual event is available to members of the Chapter only.