Canada's financial intelligence agency is stepping up the fight against the illicit wildlife trade by taking aim at the criminals who reap big profits from the global racket.
The Financial Transactions and Reports Analysis Centre of Canada, known as Fintrac, is encouraging banks and other enterprises to be on the lookout for telltale signs that business dealings could involve the illegal trafficking of animals and exotic plants.
Species at risk of being targeted include cougars, geese, lynx, moose, crabs, eels, lobsters, narhwals, turtles and wolves. The goal is to work together on a problem that is truly international in scope, said Stuart Davis, a Scotiabank executive vice-president. "We think by focusing on this, we can truly make an impact and a difference."
"The co-ordinator manages all aspects of an illegal trade operation required to source wildlife for the Canadian trader including the engagement of poachers, breeders, traders, money mules and couriers located in their country." Investigations and prosecutions to date have often been directed "at the small guys," such as poachers, not those making millions from the illicit wildlife trade, said Xolisile Khanyile, director of South Africa's Financial Intelligence Centre.
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