On September 10, 2020, the Basel Institute's Tim Wittig and Juhani Grossmann presented to the Dutch Compliance Officers Association on the nexus of corruption and illegal wildlife trade. 

Thirty-five compliance experts, largely from financial institutions, participated in the conference. It featured a lively debate about:

As we have all become painfully aware, our lives can be brutally disrupted by animal-borne viruses like covid-19 that can sicken and kill people and devastate the global economy – in only seven months. We also know that the current pandemic is only the latest in a series of such wildlife-related diseases that are occurring more frequently and becoming more deadly.

In the third article in our series of perspectives on illegal wildlife trade (IWT) and financial crime, produced in collaboration with the International Academy of Financial Crime Litigators, Gretta Fenner explores the role of asset recovery in combating wildlife trafficking.

She asks: Should assets recovered from corrupt practices linked to wildlife trafficking be channelled into conservation and counter-IWT enforcement efforts? What are the pros and cons, and have there been any examples of this type of strategy?

In this article, Juhani Grossmann, IWT Team Leader at the Basel Institute on Governance, explores the role of public-private partnerships in tackling illegal wildlife trade (IWT).

This is the second article in our short series of perspectives on IWT and financial crime, in collaboration with the International Academy of Financial Crime Litigators