Following the Money Trails of the Illicit Wildlife Trade
5 August 2021

14:00 – 16:00 GMT+8 | via Zoom

This webinar is jointly organized by the Trade and Supply Chain Finance Program (TSCFP) of the Asian Development Bank (ADB) with the Association of Certified Anti-Money Laundering Specialists (ACAMS) and the World Wild Fund for Nature (WWF).

The webinar discussed typologies and money laundering and trade-based money laundering trends linked to the illegal wildlife trade (IWT), as well as practical examples of how governments, the private sector and civil society can tackle IWT through targeted investigations.

The webinar aimed at compliance and regulatory experts of participating banks of the Trade and Supply Chain Finance Program (TSCFP) of the Asian Development Bank. The event introduced tools and initiatives financial professionals can support to increase detection of IWT such as the ACAMS WWF Ending Illegal Wildlife Trade Professional Certificate Course, already adopted by the ADB for the TSCFP participating banks.

Program and Learning Materials
Session / Activity Title Speaker(s)
Moderators Nana Khurodze,

Dr. William Scott Grob

Opening Session Welcome remarks Livia Esterhazy
Session 1: Trends and Typologies in Financial Flows from Illegal Wildlife Trade in East and Southeast Asia Following the Money Trails of the Illicit Wildlife Trade -Trends and Typologies
Julian Newman discussed the EIA's Tackling Financial Flows from Illegal Wildlife Trade report in East Asia.
Julian Newman
Session 1: Trends and Typologies in Financial Flows from Illegal Wildlife Trade in East and Southeast Asia Discussants: Sharon Pamplona,

Ben Brock

Session 1: Trends and Typologies in Financial Flows from Illegal Wildlife Trade in East and Southeast Asia References
Session 1: Trends and Typologies in Financial Flows from Illegal Wildlife Trade in East and Southeast Asia [Video] Following the Money Short Film
The global illegal wildlife trade is worth an estimated $7-23 billion a year billion every year, but these huge profits are seldom targeted. The…
Session 1: Trends and Typologies in Financial Flows from Illegal Wildlife Trade in East and Southeast Asia Tackling Financial Flows from Illegal Wildlife Trade in East Asia Report
This report discussed the findings from the case studies and highlights from East Asia in the illegal wildlife trade(IWT) and the actions needed by…
Session 1: Trends and Typologies in Financial Flows from Illegal Wildlife Trade in East and Southeast Asia Money Trails – Identifying Financial Flows Linked to Wildlife Trafficking Report
This report discussed the use of financial investigations and anti-money laundering laws as standard when investigating wildlife crime. Also, this…
Session 1: Trends and Typologies in Financial Flows from Illegal Wildlife Trade in East and Southeast Asia Illegal Wildlife Trafficking Financial Crime Guide
Australia boasts a diverse range of unique animals and plants that are not found anywhere else in the world. Organised criminals target our native…
Session 1: Trends and Typologies in Financial Flows from Illegal Wildlife Trade in East and Southeast Asia Financial Investigations into Wildlife Crime, Egmont Group
This FATF report presented the trends and patterns associated with wildlife crime financial flows.
Egmont Centre of FIU Excellence and Leadership (ECOFEL) [node:field_last_name]
Session 1: Trends and Typologies in Financial Flows from Illegal Wildlife Trade in East and Southeast Asia FATF Report: Money Laundering from Environmental Crimes July 2021
The FATF conducted a study to strengthen awareness of the scale and nature of criminal gains and laundering techniques for environmental crimes. This…
Financial Action Task Force (FATF) [node:field_last_name]
Session 1: Trends and Typologies in Financial Flows from Illegal Wildlife Trade in East and Southeast Asia Case Digest: Initial Analysis of the Financial Flows and Payment Mechanisms Behind Wildlife and Forest Crime
This Case Digest was created to fill this information gap by providing data on actual cases from Africa, Asia and Latin America and thereby generate…
Session 2: Trade-based Money Laundering and IWT Trade Based Money Laundering, Trade Finance and Illegal Wildlife Trafficking
Gary Wilson gave a background about trade based money laundering, trade finance, and illegal wildlife trafficking.
Gary Wilson
Session 2: Trade-based Money Laundering and IWT Discussants Joseph Simms,

Brian Gonzales

Session 2: Trade-based Money Laundering and IWT References
Session 2: Trade-based Money Laundering and IWT Red Flag Compendium – How to Spot the Warning Signs of Wildlife Crime in the Maritime Industry
This compendium provides information on at-risk routes as well as typical indicators of illicit activities such as questionable paperwork and…
Session 2: Trade-based Money Laundering and IWT International Money Laundering, Drug Trafficking and Illegal Wildlife Trade Operation Dismantled
This article discussed drug trafficking and the illegal wildlife trade.
Session 2: Trade-based Money Laundering and IWT Ending Illegal Wildlife Trade: Online Training Certificate Course
Scan the QR code to access the ACAMS WWF IWT Ending Illegal Wildlife Trade Online Training.
Session 3: Introduction to Identifying the Ultimate Beneficial Owners: International Standards and Practices Identifying Ultimate Beneficial Owners
Lisa Kelaart-Courtney gave an overview on how to identify Ultimate Beneficial Owners (UBO)
Lisa Kelaart-Courtney
Session 3: Introduction to Identifying the Ultimate Beneficial Owners: International Standards and Practices Identifying Ultimate Beneficial Owners: IWT Case Study
Sirirut shared a case study about illegal wildlife trafficking.
Sirirut Rattanamongkolsak
Session 3: Introduction to Identifying the Ultimate Beneficial Owners: International Standards and Practices References
Session 3: Introduction to Identifying the Ultimate Beneficial Owners: International Standards and Practices Thailand says $11M seized in wildlife trafficking sting
This article talked about wildlife trafficking in Thailand.
Closing Session General Question and Answer Session, Feedback and Close Nana Khurodze,

Brian Gonzales,

Dr. William Scott Grob

Disclaimer

The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.

Event Coordinator/s

  • Maria Clarissa Laysa

ADB Organizer/s

  • Private Sector Operations Department

Topics

  • Private Sector