New East African website aims to strengthen prosecution and enhance regional collaboration to combat transnational illegal wildlife trade
A dedicated online platform to support East African prosecutors’ investigations, enforcement and cooperation to crack down on wildlife crime has been launched by the East Africa Association of Prosecutors (EAAP). The launch comes amidst growing recognition that criminals frequently use trade-based fraud and shell and…
De-risking by international banks causing vulnerabilities to environmental crime
The growing trend for international banks to view the provision of financial services to individuals or small- and medium-sized enterprises involved activities with an environmental impact such as mining or logging as too risky is creating an opportunity for illicit actors according to a recent…
Formal banking sector playing a key role channelling financial flows from environmental crimes says FATF
The formal banking sector is playing a key role moving and transferring financial flows associated with environmental crimes according a new report published by the Financial Action Task Force (FATF). The report, Money Laundering from Environmental Crime, says consultations have shown that large financial institutions…
FATF sets key priorities for wider partnerships to counter money laundering from environmental crime
A new report published by the Financial Action Task Force (FATF) shows the significant role of trade-based fraud and misuse of shell and front companies to launder gains from illegal logging, illegal mining, and waste trafficking. Criminals meanwhile comingle legal and illegal goods early in…
