Tag: poaching syndicate
Illegal wildlife trade – what banks must do
The Financial Action Task Force (FATF) released their report on ‘Money Laundering and the Illegal Wildlife Trade’ a topic that has been sitting on the side-lines for a long time, overshadowed by more prominent criminal ventures, such as drug trafficking.
Combating illegal wildlife trade and illegal wildlife trafficking
Valued at around $23-billion, illegal wildlife trade is the fourth most profitable criminal trafficking enterprise worldwide, yet it's not given the prominence it deserves. But things are changing. In a first-of-its-kind meeting in SA, the financial sector, government and law enforcement met to discuss ways to combat the industrial theft of wildlife.
