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Co-op Bank joins team in illegal wildlife trade fight

Elephants at the governor’s camp in Maasai Mara game reserve following reduced human activities over Covid-19.

Photo credit: File | Nation Media Group

What you need to know:

  • UfW’s taskforce was launched two years ago in London and has grown to include a network of thirty financial institutions across the globe.
  • Co-op Bank also commits to working with like-minded lenders, share good practices and support one another in fighting IWT.

Co-operative Bank has signed an information-sharing pact with the United for Wildlife’s (UfW) financial taskforce to stem financial flows that fuel illegal wildlife trade.

The Kenyan lender joins HSBC, Royal Bank of Scotland, Bank of America and JPMorgan among others who share financial intelligence helping detect and thereby deter use of its platforms to facilitate the dirty deals.