Free certificates to coach Japanese AFC professionals on financial-crime dangers tied to wildlife trafficking
MIAMI, Sept. 06, 2022 (GLOBE NEWSWIRE) — In an effort to assist monetary establishments and different stakeholders struggle a serious transnational organized crime linked to the unfold of corruption and degradation of worldwide biodiversity, ACAMS has teamed up with the World Wide Fund for Nature (WWF) to supply a brand new Japanese translation of its free-of-charge coaching certificates, Ending Illegal Wildlife Trade: A Comprehensive Overview. First launched by ACAMS and WWF in October 2020, the social-impact program trains anti-financial crime (AFC) professionals on the right way to establish and examine the monetary exercise of prison syndicates engaged within the unlawful wildlife commerce (IWT), which generates an estimated $23 billion in illicit proceeds yearly.
Participants within the IWT program will be taught the complicated methodologies utilized by criminals to elude import-export checks and anti-money laundering applications, together with via the exploitation of entrance firms, shell companies, on-line marketplaces, actual property, pay as you go playing cards, cellular apps, and different fee methods. The certificates, which affords steerage on figuring out IWT-related dangers and pink flags, is designed to coach and assist professionals concerned in AFC work at monetary establishments, supervisory our bodies, regulation enforcement businesses, and nongovernmental organizations, amongst others.
The launch of the Japanese translation is available in response to calls by the Financial Action Task Force (FATF) for governments, banks, and different establishments to step up their efforts to trace and report cash laundering tied to IWT syndicates. Despite the function that illicit wildlife trafficking performs in fueling corruption, undermining environmental sustainability, and weakening the integrity of the worldwide monetary system, nations not often examine the funds of IWT teams, FATF famous in a June 2020 report.
“The illegal wildlife trade is an inherently international problem that requires a global response, not least because the crime has consequences that extend far beyond any national borders,” mentioned ACAMS CEO Scott Liles. “That’s why we’re proud to support AFC professionals in Japan who are seeking to identify financial activity associated with the trafficking of exotic pets, ivory, tortoise shells, and other IWT challenges highlighted by Japanese authorities in recent years.”
“Our partnership with WWF has made clear that this is a critical fight for the future of our planet, and it’s one in which AFC professionals can play a fundamental role,” he mentioned. “By supporting governments and financial institutions that wish to do more to prevent environmental crime, we’re helping to mitigate corruption, limit the spread of zoonotic diseases, safeguard global trade and finance, and save lives.”
WWF Japan CEO Tobai Sadayosi mentioned: “Illegal wildlife trade and other environmental crimes have a devastating impact on the sustainability of our planet and the security of our society. Financial institutions play a critical role in detecting early and ultimately stopping the financial flow from IWT. We are excited to be partnering in this new strategic approach with ACAMS Japan and call upon the Japanese financial sector to take advantage of this program.”
Now out there in English, Simplified Chinese, and Japanese, the Ending Illegal Wildlife Trade: A Comprehensive Overview certificates is certainly one of 4 free social-impact applications launched by ACAMS since 2020, and the primary of two designed to assist AFC professionals establish IWT-related exercise.
The Japanese translation of the certificates may be accessed by way of the ACAMS Learning Management System right here.
About ACAMS®
ACAMS is the biggest worldwide membership group devoted to offering alternatives for anti-financial crime (AFC) training, greatest practices, and peer-to-peer networking to AFC professionals globally. With over 90,000 members throughout 180 jurisdictions, ACAMS is dedicated to the mission of ending monetary crime via the supply of anti-money laundering/counterterrorism-financing and sanctions knowledge-sharing, thought management, risk-mitigation companies, ESG initiatives, and platforms for public-private dialogue. The affiliation’s CAMS certification is the gold-standard qualification for AFC professionals, whereas the CGSS certification is its premier specialist qualification for sanctions professionals. ACAMS’ 60 Chapters globally additional amplify the affiliation’s mission via coaching and networking initiatives. Visit acams.org for extra info.
About WWF
WWF is a world environmental conservation group established in Switzerland in 1961. To construct a future during which people stay in concord with nature, WWF is at the moment selling environmental initiatives in additional than 100 nations to guard uncommon wildlife species, protect pure environments akin to forests and oceans, promote sustainable use of pure assets, and forestall international warming, amongst different issues. The Japan Office was established in 1971 and the web site is : https://www.wwf.or.jp/.
Media Contact:
Lashvinder Kaur
lkaur@acams.org
+44 7388 264478
