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Philippines Enhances Efforts to Combat Wildlife Crime with Anti-Money Laundering Training

08/15/2024
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Philippines Enhances Efforts to Combat Wildlife Crime with Anti-Money Laundering Training

by Giezel Garcia
08/15/2024
in Anti-Money Laundering (AML), Compliance

For the first time, TRAFFIC, an international wildlife trade monitoring network, collaborated with Philippine anti-money laundering (AML) authorities to hold a training session aimed at improving the prosecution of wildlife criminals using financial investigation techniques. The event, organized with the Philippines Anti-Money Laundering Council (AMLC) and the AML Research Centre Asia Pacific (ARCAP), focused on providing law enforcement officials with the skills necessary to pursue wildlife crime cases through a financial lens.

The Philippine government has identified money laundering linked to environmental crimes, such as illegal mining, wildlife trafficking, and logging, as a high-risk issue due to the significant criminal proceeds involved and the lack of financial investigations in these cases. Despite numerous environmental violations filed in Philippine courts, there has been no data showing investigations into the money laundering aspects of these crimes.

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The Financial Investigation Training, held in Quezon City, addressed this gap by equipping government officials, including law enforcement officers, prosecutors, and legal representatives, with the knowledge of financial investigation methods, such as asset recovery, seizure, and identifying suspicious financial transactions. The session emphasized the use of the “follow the money” approach to uncover the financial networks behind wildlife crime.

Ms. Jewel Padullon of the Department of Environment and Natural Resources highlighted the importance of financial investigations in building stronger cases against wildlife traffickers. “We will be able to track the flow of money, identify key players, uncover money laundering schemes and gather better evidence,” she said.

Of the 47 government officials in attendance, 61% had no prior training in financial investigations, making the session a valuable opportunity to foster collaboration between government agencies, the private sector, and AMLC. This initiative is part of ongoing efforts to strengthen the country’s capacity to investigate and prosecute wildlife crimes, with future guidelines on implementing AML regulations to combat wildlife trafficking being developed.

The training also saw participation from eight private sector representatives, including those from financial institutions like GCash, PJ Lhuillier Inc., and LBC Express, highlighting the increasing involvement of the private sector in combatting financial crimes related to wildlife trafficking. Participants discussed new technologies and methods criminals use, aiming to stay ahead of evolving criminal tactics.

The event marked an important step in enhancing the Philippines’ efforts to investigate and prosecute wildlife crime by addressing the financial aspects of these offenses, with plans for further training and collaboration in the future.

Stay current with supply chain report news at The Supply Chain Report. For international trade resources, visit com.

#PhilippinesWildlifeProtection #AntiMoneyLaunderingTraining #WildlifeCrimePrevention #ConservationAndCompliance #EcoSecurityEfforts

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