FATF Report: Money Laundering and the Illegal Wildlife Trade June 2020 Read more about FATF Report: Money Laundering and the Illegal Wildlife Trade June 2020 The report highlights that jurisdictions should view the proceeds generated by IWT as a global threat, rather than as a problem only for those jurisdictions where wildlife is illegally harvested, transited, or sold. In particular, criminals are frequently misusing the legitimate wildlife trade, as well as other import-export type businesses, as a front to move and hide illegal proceeds from wildlife crimes. They also rely regularly on corruption, complex fraud and tax evasion.
FATF Report: Money Laundering from Environmental Crimes July 2021 Read more about 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 study builds on the FATF’s 2020 report on financial flows from the illegal wildlife trade. It brings together expertise from across the FATF’s Global Network to identify good practices that governments and the private sector can take to disrupt the profitability of environmental crimes.
Financial Action Task Force (FATF) [node:field_last_name] Keywords IWT red flag compendium anti-money laundering ACAMS trade supply finance program trade-based money laundering wildlife trafficking Read more about Financial Action Task Force (FATF) [node:field_last_name] The Financial Action Task Force (FATF) is the global money laundering and terrorist financing watchdog. The inter-governmental body sets international standards that aim to prevent these illegal activities and the harm they cause to society. As a policy-making body, the FATF works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas.
Financial Investigations into Wildlife Crime, Egmont Group Read more about 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] Keywords IWT red flag compendium anti-money laundering ACAMS trade supply finance program trade-based money laundering wildlife trafficking Read more about Egmont Centre of FIU Excellence and Leadership (ECOFEL) [node:field_last_name]
Illegal Wildlife Trafficking Financial Crime Guide Read more about 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 for profit, removing them from their habitat and mistreating them. This cruel crime puts some of Australia’s most vulnerable species at further risk and has the potential to cause significant environmental damage.
Ending Illegal Wildlife Trade: Online Training Certificate Course Read more about Ending Illegal Wildlife Trade: Online Training Certificate Course Scan the QR code to access the ACAMS WWF IWT Ending Illegal Wildlife Trade Online Training.
Red Flag Compendium – How to Spot the Warning Signs of Wildlife Crime in the Maritime Industry Read more about 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 in information like value, weight, and appearance. Irregular behavior, such as consignments split across multiple shipments, last-minute requests for shipment clearance and abnormal or sudden changes in routes or destinations may be signs of illegal action. To download the IWT Red Flag Compendium, click here.
International Money Laundering, Drug Trafficking and Illegal Wildlife Trade Operation Dismantled Read more about International Money Laundering, Drug Trafficking and Illegal Wildlife Trade Operation Dismantled This article discussed drug trafficking and the illegal wildlife trade.
Money Trails – Identifying Financial Flows Linked to Wildlife Trafficking Report Read more about 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 shared case studies from major EIA wildlife crime investigations.