FATF Webinar on Money Laundering and the Illegal Wildlife Trade

Publication details

Language

English

Country

Topic

The Financial Action Task Force (FATF) organised a webinar on Monday 27 July 2020, to discuss the FATF’s recent report on Money Laundering and the Illegal Wildlife Trade.

What Is It About?

The objective of this webinar was to discuss the main money laundering trends linked to IWT, as well as practical examples of how governments, the private sector and civil society can tackle ML from IWT. The webinar also discussed next steps and commitments for action across government and non-government stakeholders.

This webinar was aimed at national and international AML/CFT and wildlife crime experts, as well as private sector and civil society representatives. The webinar included senior participation from the FATF, including the current FATF President and representatives from national governments, the United for Wildlife Financial Taskforce, the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG), the United Nations Office for Drugs and Crime (UNODC), and civil society.

Agenda

Introductions

Mr. Mingyou Bao, Head of Chinese Delegation to FATF
Mr. Daniel Thelesklaf, Moderator

Session 1: What does Money Laundering from illegal wildife trade look like?

Mr. Martin Wyard – Head of AML/CFT Capacity Building within UK Treasury and co-lead of the FATF report
Mr. Nick Ahlers, Senior Global Expert with TRAFFIC

Session 2: What should countries, financial institutions and civil society be doing to help combat money laundering from illegal wildlife trade?

Mr. Tyron Mokgathong, Senior Prosecutor in Botswana and co-lead of the FATF report
Ms. Marcy Forman, Managing Director, AML Global Investigations Unit, Citigroup
Mr. Fabrizio Fioroni, UNODC, Regional Advisor (Southeast Asia) on Anti-Money Laundering and Counter Financing of Terrorism

Session 3: Next steps and commitments

Dr. Marcus Pleyer, FATF President
Mr. Scott Rembrandt, Head of US Delegation to FATF and Deputy Assistant Secretary US Treasury
Ms. Melissa Tullis, Programme Officer, UNODC
Mr. David Fein, Group General Counsel at Standard Chartered Bank and Co-chair of the United for Wildlife Financial Taskforce
Mr. Joseph Jagada, Senior Official with the Eastern and Southern Africa Anti-Money Laundering Group Secretariat (ESAAMLG)

Money Laundering and the Illegal Wildlife Trade

25 Jun 2020

This study identifies the common methods being used by wildlife traffickers to launder their money, and highlights proposed actions that countries and the private sector can take to combat this trade.