• About Us
  • Advertise
  • Contact Us
  • DMCA
  • Privacy Policy
  • Follow on Google News
Thursday, June 1, 2023
  • Login
Country First
  • Home
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
    • Photography
  • Tech
    • App News
    • Gadgets
  • Auto
  • Others
    • Sports
    • Agriculture
    • Science
    • Astrology
    • Finance/Money
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
  • Home
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
    • Photography
  • Tech
    • App News
    • Gadgets
  • Auto
  • Others
    • Sports
    • Agriculture
    • Science
    • Astrology
    • Finance/Money
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
Country First
No Result
View All Result

Nium to work with Prince William’s ‘United for Wildlife’ Financial Taskforce

Country First by Country First
November 19, 2022
in Business
Reading Time: 3 mins read
A A
0
Share on FacebookShare on Twitter

Company joins fight against Illegal Wildlife Trade

Prajit Nanu founded NIUM, the global platform for Modern Money Movement, today announced it has joined Prince William’s United for Wildlife (UfW) Financial Taskforce, to take a stand against the exploitation of financial services for illegal wildlife trade (IWT).  

You might also like

How innovation will drive growth and create new opportunities in the Indian economy

How innovation will drive growth and create new opportunities in the Indian economy

May 29, 2023
RLG Systems India Announces Launch of Eco-friendly Play Area Constructed from Tyres in association with Noida Authority

RLG Systems India Announces Launch of Eco-friendly Play Area Constructed from Tyres in association with Noida Authority

May 26, 2023

Founded by Prince William and The Royal Foundation, the UfW Financial Task Force comprises global financial institutions that use financial infrastructure to curb animal trafficking, promote cross-industry collaboration and establish best practices in identifying and reporting suspicious financial activity.   

Commenting on the new collaboration, Pratik Gandhi, co-founder and COO at Nium, said: “Financial institutions that move money across borders must recognise their social responsibility for helping put an end to abhorrent crimes through the use of their infrastructures and networks. As global citizens, we stand with United for Wildlife and pledge our full support in the fight to combat illegal wildlife trade.”

The website www.unitedforwildlife.org says, “Illegal wildlife trade is among the five most lucrative global crimes and often run by highly organised criminal networks. The finance sector can become involved, often unwittingly, with those who traffic illegal wildlife products; this is why we’re working to identify actions the financial sector can take to detect and stop illegal wildlife trade, and intercept the financial gains driving it. Initially comprising of representatives from 30 global banks, experts on illegal wildlife trade and financial organisations such as Standard Chartered, HSBC, RBS, Bank of America Merrill Lynch and JP Morgan, these signatories will commit to “contributing to the global fight against IWT.” 

Under the Mansion House Declaration, Nium will take measures to increase awareness of IWT and the responsibility of financial services providers to play their part in sharing resources and intelligence with the proper authorities. It will also provide staff training to help employees to better identify suspicious activity, and will review, investigate and report potentially suspicious financial activity. In addition, Nium will promote the Declaration and encourage the wider financial services industry to follow in its footsteps.   

Estimated to be worth up to $20 billion annually, IWT is organised crime on a global scale, and it poses a major risk to global biodiversity, national security and human health. Criminals involved in the illegal traffic of wildlife exploit global financial systems to move the proceeds of their crimes, with links to money laundering, corruption and violence.  

“This is a global issue which we can prevent. By using existing financial controls to detect illicit activity patterns, we can prevent criminals from accessing the proceeds of criminal goods and break the chains of illegal wildlife trafficking.” Gandhi continued.  

David Fein, Chair of the United for Wildlife Financial Taskforce, commented: At United for Wildlife, we work to support partnership and collaboration to protect endangered species from this destructive and vile trade. Financial services industry members such as Nium have a key role to play in this effort: identifying and reporting to the authorities financial flows that might be associated with illegal wildlife trade activity. We are delighted to welcome Nium to the global United for Wildlife network of public, private and not-for-profit organisations. 

In the six years since creating its international transport and financial task forces, the United for Wildlife network has contributed to over 450 law enforcement cases, over 250 arrests, almost 200 seizures of wildlife products and has trained over 100,000 people. As UfW continues to grow, so does the sophistication of IWT, and so the collaboration of global financial institutions remains essential in raising awareness of these criminal activities and helping them to end.   

For more information, visit: https://www.nium.com

Tags: David Feinillegal wildlife trade (IWT)NIUMPrajit NanuPratik GandhiPrince William’s United for Wildlife (UfW) Financial Taskforcethe global platform for Modern Money MovementUfW Financial Task Force
Previous Post

India is proud of World Shooting Champion Rudrankksh Balasaheb Patil-World News Network

Next Post

Arundhati Bhattacharya to deliver commencement address at Universal Business School’s 11th convocation

Country First

Country First

Related Posts

How innovation will drive growth and create new opportunities in the Indian economy

How innovation will drive growth and create new opportunities in the Indian economy

by Country First
May 29, 2023
0

Innovation has always been a driving force behind economic growth, and India is no exception. The Indian economy has been...

RLG Systems India Announces Launch of Eco-friendly Play Area Constructed from Tyres in association with Noida Authority

RLG Systems India Announces Launch of Eco-friendly Play Area Constructed from Tyres in association with Noida Authority

by Country First
May 26, 2023
0

Noida (Uttar Pradesh), : RLG Systems India Private Limited is happy to announce the launch of the Waste Tyre Play...

In a journey of healing and meditation, Anant Oorja Safar bags the ‘Most Promising Spiritual Organization Award’

In a journey of healing and meditation, Anant Oorja Safar bags the ‘Most Promising Spiritual Organization Award’

by Country First
May 25, 2023
0

Anant Oorja Safar, at the prestigious Mumbai Achievers Awards, was declared the ‘Most Promising Spiritual Organization’. Mumbai (Maharashtra) : An...

Refer and Earn with FairPlay: Enjoy a 15% Referral Bonus

Refer and Earn with FairPlay: Enjoy a 15% Referral Bonus

by Country First
May 23, 2023
0

FairPlay, the renowned online gaming platform, offers an exciting referral program where players can enjoy a generous 15% referral bonus....

Next Post
Arundhati Bhattacharya to deliver commencement address at Universal Business School’s 11th convocation

Arundhati Bhattacharya to deliver commencement address at Universal Business School's 11th convocation

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related Post

55-year-old man from Chennai sets world record for Speed Trekking, Veteran Category in Nepal

55-year-old man from Chennai sets world record for Speed Trekking, Veteran Category in Nepal

November 30, 2022

Kochi-based Recruitment Automation Start-up, Zappyhire, Raises INR 3.71 Cr. in Seed Round Funding

November 30, 2021

Satyajeet Pradhan – The Seasoned Tech Entrepreneur won Business Mint Award

August 8, 2020

Category

  • Agriculture
  • App News
  • Astrology
  • Auto
  • Business
  • Education
  • Entertainment
  • Fashion & Beauty
  • Finance/Money
  • Food
  • Gadgets
  • Health & Fitness
  • Lifestyle
  • National
  • Photography
  • Politics
  • Press Release
  • Religion
  • Science
  • Social Work
  • Sports
  • State News
  • Tech
  • Travel
  • World

Tags

Ace Entrepreneur Ahmedabad Artificial intelligence Bengaluru Blockchain technology Content Creator COVID-19 CSIR DBT Delhi DeSpace Protocol Digital Marketing DST Dubai Education entrepreneur environment Fairplay Ginny Kapoor Gujarat Hyderabad India's Most Prominent Pageant Indian Institute of Technology Influencer Influencerquipo Kingston Technology K Raheja Corp Homes MoES Mr. Gagandeep Kapoor Mrs.INDIA Galaxy Mrs.INDIA Galaxy 2022 Mumbai Music Industry National Pageant Mrs.INDIA Galaxy 2022 NFT Noida pandemic photography Pune real estate research social media Surat TTK Prestige Vibrant Concepts

Country First is a digital news and story platform that bring you the news, articles, stories, and opinions on the latest happenings worldwide covering various sectors like nation, politics, and governance, social sector, review, foreign affairs, defence and security, latest review, lifestyle, entertainment, sports, technology, auto sectors, education, business and start-ups updates, Agriculture, Science, finance, money, food, and culture, etc.

  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Privacy Policy
  • Follow on Google News

© 2022 Country First

No Result
View All Result
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Home
  • Privacy Policy

© 2022 Country First

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In