Following the Money Trails of the Illicit Wildlife Trade
05 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:
| Date | Session / Activity | Presentation Material | Speaker(s) |
|---|---|---|---|
| 05 Aug 2021 | Moderators | Nana Khurodze, | |
| 05 Aug 2021 | Opening Session | Welcome remarks | Livia Esterhazy |
| 05 Aug 2021 | 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 |
| 05 Aug 2021 | Session 1: Trends and Typologies in Financial Flows from Illegal Wildlife Trade in East and Southeast Asia | Discussants: | Sharon Pamplona, |
| 05 Aug 2021 | Session 1: Trends and Typologies in Financial Flows from Illegal Wildlife Trade in East and Southeast Asia | References | |
| 05 Aug 2021 | 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 new... |
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| 05 Aug 2021 | 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 financial... |
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| 05 Aug 2021 | 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 report... |
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| 05 Aug 2021 | 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 animals... |
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| 05 Aug 2021 | 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] |
| 05 Aug 2021 | 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] |
| 05 Aug 2021 | 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 more... |
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| 05 Aug 2021 | Session 2: Trade-based Money Laundering and IWT |
Trade Based Money Laundering, Trade Finance and Illegal Wildlife Trafficking Gary Wilson gave abackground about trade based money laundering, trade finance, and illegal wildlife trafficking. |
Gary Wilson |
| 05 Aug 2021 | Session 2: Trade-based Money Laundering and IWT | Discussants | Joseph Simms, |
| 05 Aug 2021 | Session 2: Trade-based Money Laundering and IWT | References | |
| 05 Aug 2021 | 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 discrepancies... |
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| 05 Aug 2021 | 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. |
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| 05 Aug 2021 | 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. |
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| 05 Aug 2021 | 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 |
| 05 Aug 2021 | Session 3: Introduction to Identifying the Ultimate Beneficial Owners: International Standards and Practices |
Identifying Ultimate Beneficial Owners: IWT Case Study Sirirut shared a case studyabout illegal wildlife trafficking. |
Sirirut Rattanamongkolsak |
| 05 Aug 2021 | Session 3: Introduction to Identifying the Ultimate Beneficial Owners: International Standards and Practices | References | |
| 05 Aug 2021 | 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. |
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| 05 Aug 2021 | Closing Session | General Question and Answer Session, Feedback and Close | Nana Khurodze, |