Sharing of information between financial institutions related to potential money laundering and human trafficking activities is essential in the fight against modern slavery. However, the laws covering personal data privacy, anti-money laundering, counter-terrorism and banking regulation are often seen as a barrier to any data sharing between banks. In this paper, we seek to decode the key legislative requirements applicable in Hong Kong to facilitate a better understanding of what data can (and cannot) be shared and what limitations and exceptions apply.
However, business leaders need to collaborate in order to do this. My recommendations focus on the need to develop relevant risk management processes and the need to create better systems to share intelligence. I also strongly encourage growing coll...Read More
No country in the word is exempt from modern slavery. Regardless of size, population or wealth, this insidious crime permeates national borders and global supply chains. Even in countries with seemingly strong laws and systems, there are critica...Read More
The ILO commissioned this report from Ms. Hayat Osseiran, an independent researcher on child labour issues. The report should not be construed as representing the views of the ILO. The views expressed are those of the author and do not necessarily ...Read More
The OECD Global Forum on Responsible Business Conduct held on 29-30 June 2017 gathered participants from governments, businesses, trade unions and civil society to discuss responsible supply chains through due diligence; driving responsible institutional investment; the role of National Contact...
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