‘Follow The Money’ To Uncover Online Criminal Wildlife Trade Networks says TRAFFIC China

Training session on 15th Dec 2021 for AML staff at Tencent Chengdu Office. Image: TRAFFIC

Staff Reporter, TRAFFIC | December 30, 2021

 

Chinese online platforms should consider implementing anti-money laundering (AML) ‘follow the money’ approaches to prevent traffickers from exploiting their services for illegal wildlife trade and help catch the wider criminal networks negatively impacting species and ecosystems across the globe.

TRAFFIC’s long-term online market monitoring has shown criminals to take advantage of Chinese online platform payment services to sell illegally obtained wildlife products domestically and internationally. However, if fostered by Chinese banks and online platforms, AML strategies can play a crucial, game-changing role by increasing the risks of wildlife trafficking and identifying the wider criminal networks.

“We are glad to see that Tencent has started to pay close attention to the use of AML approach in fighting against wildlife crime, but the overall awareness and skills applied in China’s financial sectors still need to be further raised and improved. In China, investigations and prosecutions still rely primarily on charges for poaching or trafficking. At the same time, financial crimes are mostly overlooked and not fully utilised as a tool to identify and bring those who profit most from wildlife crime to justice.” – TRAFFIC AML Project Manager Linda Chou.

Chou continued: “To address these issues, TRAFFIC is developing guidelines on AML implementation for enforcement and judicial authorities, a Training of Trainer (TOT) Module for financial institutions and third-party payment platforms will be developed in collaboration with Association of Certified Anti-Money Laundering Specialists (ACAMS).”

Setting the example for online industries, Tencent recognised its mobile payment service, WeChat pay, might be used by criminals to launder the proceeds of the illegal wildlife trade, so it teamed up with TRAFFIC and Guangdong Forest Police Bureau to improve the AML team’s capacity in combating illicit trade of wildlife.

At a recent training session in Tencent Chengdu Office, TRAFFIC emphasised relevant laws and regulations, methods of payments or criminal transactions used in wildlife and forest crime, and identification skills for species commonly traded online to Tencent’s Anti-money Laundering team and customer service staff responsible for handling illicit trade wildlife reports.

Forest police from Guangdong Province shared the challenges of cracking down on illegal wildlife trade online and implementing “follow the money” in wildlife crime investigation. Police also gave suggestions on further strengthening collaboration between law enforcement and Tencent to detect IWT on WeChat and monitor suspicious transactions related to IWT.

“This is the very first-time Chinese law enforcement authority exchanged views with the private sector on combating IWT through AML approach and is a very positive step in the right direction. TRAFFIC continues to provide the platform for cooperation and communication between the Chinese private sector, financial industry and law enforcement agencies to combat wildlife crime networks, and in turn, support global biodiversity conservation,” said Director of TRAFFIC China, Ling XU.

The AML team would like to expand their work to all environmental crime and wish to form external collaboration to improve the information/resource exchange and team capacity in combating wildlife and forest crime.

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