Identifying Ultimate Beneficial Owners: IWT Case Study Read more about Identifying Ultimate Beneficial Owners: IWT Case Study Sirirut shared a case study about illegal wildlife trafficking.
Trade Based Money Laundering, Trade Finance and Illegal Wildlife Trafficking Read more about 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.
Identifying Ultimate Beneficial Owners Read more about Identifying Ultimate Beneficial Owners Lisa Kelaart-Courtney gave an overview on how to identify Ultimate Beneficial Owners (UBO)
Thailand says $11M seized in wildlife trafficking sting Read more about Thailand says $11M seized in wildlife trafficking sting This article talked about wildlife trafficking in Thailand.
Following the Money Trails of the Illicit Wildlife Trade -Trends and Typologies Read more about 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.
Case Digest: Initial Analysis of the Financial Flows and Payment Mechanisms Behind Wildlife and Forest Crime Read more about 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 knowledge of financial flows associated with the illegal wildlife trade and what payment mechanisms are used by those perpetrating the crime. The Digest begins with a glossary of terms, which is a collection of financial terms that describe methods of value transfer between buyers and sellers of illicit goods.
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.