We continue our series of examining the Illegal Wildlife Trade through a new lens.
In this session we will explore previously unexplored crimes – illegal fishing and illegal logging in the Oceania Region. We look to understand the size and nature of these environmental crimes which are often facilitated by victims of the human trafficking trade. We seek to understand what normal activity for legal trade is, and also what is unusual or suspicious in order to identify financial indicators for all of these crimes.
Wildlife and environment crimes are key motivators for staff at all levels to understand the “why” of the AML/CTF regimes around the world which becomes an intrinsic motivator.
Attendees should take note of how the financing of these crimes may be facilitated through their businesses. This will aid in understanding the money laundering risks for your respective risk assessment processes. This will assist in developing meaningful transaction monitoring rules and scenarios, leading to actionable intelligence for law enforcement.
1 ACAMS credit available for active ACAMS members, subject to webinar completion.