Webinar on Money Laundering from Environmental Crime

Illegal logging, land-clearing, mining and waste dumping generates tens of billions of dollars in proceeds, which are laundered each year into the global financial system. Law enforcement and environmental agencies, as well as banks, lenders and other financial institutions, often do not understand their exposure to this type of financial crime.

The 2021 FATF Report on Money Laundering from Environmental Crime sets out the methods that criminals use to launder their profits and gives governments and the private sector the tools to disrupt this illicit activity. 

This webinar brings together panellists from civil society, private and public sectors to discuss how to fix the gaps in our systems to protect the environment and preserve the world’s natural resources.

The panel will discuss important aspects of the FATF Report, including how to identify red-flag information to help detect and trace the illicit finances of criminals engaged in environmental crimes. Participants will also debate how to overcome challenges, such as the lack of governmental or institutional prioritisation, limited awareness and data, de-risking, and limited domestic and international co-ordination.   

 

Axel Threlfall, Moderator

Editor at Large
Thomson Reuters

 

 Matt Shannon

FATF Project Team Co-Lead
Department of Finance Canada

John Edward Conway 

Director of Financial Crime Framework and Policies
Santander Bank

 

 

Lakshmi Kumar

Policy Director
Global Financial Integrity

 

Rochelle Pastana Ribeiro Pasiani

General-Coordinator of Financial Intelligence
Council for Financial Activities Control (COAF- BRAZIL)

 

    
Click here to register for the webinar.

More on: