This report on modern slavery and financial institutions by the Royal United Services Institute for Defence and Security Studies and the Freedom Fund considers the role that the financial sector can play in reducing human trafficking and modern slavery through exerting responsibility and leverage.
In recent years, the financial sector has become an increasingly high-profile contributor to efforts to identify and disrupt modern slavery and human trafficking. But can this commitment from the financial sector go further – beyond financial crime compliance and transaction monitoring – by using the provision of finance as a force for good to effect change in the operational and value-chain behaviour of their clients? This paper evaluates whether more action and commitment are required – and whether this is possible – from the sector, particularly in the form of using leverage provided by the provision of finance to clients to encourage the raising of standards in the field of human rights, in line with activity on environmental risks.
The data in this report represents signals and cases from January 1, 2018 through December 31, 2018 and is accurate as of July 25, 2019. Cases of trafficking may be ongoing or new information may revealed to the National Hotline over time. Consequen...Read More
The report aims to presents research findings and recommendations on child labour, forced labour and human trafficking in global supply chains. Jointly authored by the ILO, OECD, IOM and UNICEF under the aegis of Alliance 8.7, the report also repres...Read More
The practice of sending large numbers of labourers abroad is a direct consequence of the situation the Democratic People’s Republic of Korea (DPRK) faces domestically and is made possible by the international networks that DPRK institutions, busin...Read More
Beginning in August 2017, the Myanmar security forces undertook a brutal campaign of ethnic cleansing against Rohingya Muslims in Myanmar’s northern Rakhine State. They unlawfully killed thousands of Rohingya, including young children; raped and c...Read More
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