The banking sector is well-placed to combat money laundering relating to the illegal wildlife trade (IWT) according to a senior lecturer in the department of procedural law at the faculty of law, university of Johannesburg, South Africa.

To counter IWT money laundering, Cayle Lupton recommends a pilot information sharing platform for banks that is focused on the abuse of trade-based transactions, trade and payments to sanctioned countries and the concealment of beneficial ownership.

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