AML missing a crucial statute to curb transnational wildlife trafficking (IMAGE)
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Surprisingly, a significant number of highly developed countries have Anti-Money Laundering (AML) measures that do not include laws defining Illegal Wildlife Trade (IWT) as a predicate offence (component crime of) for money laundering. This, despite being signatories of CITES and UNTOC. The vast majority of developing countries also lack this measure. Dr Cayle Lupton, from the University of Johannesburg in South Africa is a certified anti-money laundering specialist and an attorney of the High Court of South Africa. In a study in the Journal of Money Laundering Control, he sets out the crucial role of banks and other financial institutions in curbing IWT.
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Graphic by Therese van Wyk, University of Johannesburg.
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